IQE (LON:IQE) Shares Down 5.8% – Time to Sell?

IQE plc (LON:IQEGet Free Report)’s share price dropped 5.8% during mid-day trading on Wednesday . The stock traded as low as GBX 13.54 ($0.17) and last traded at GBX 13.66 ($0.17). Approximately 4,013,634 shares changed hands during mid-day trading, an increase of 24% from the average daily volume of 3,228,894 shares. The stock had previously closed at GBX 14.50 ($0.18).

IQE Stock Performance

The stock has a market capitalization of £132.08 million, a price-to-earnings ratio of -683.00, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86. The company has a debt-to-equity ratio of 49.21, a current ratio of 1.37 and a quick ratio of 0.97. The stock has a 50-day moving average of GBX 11.81 and a 200 day moving average of GBX 18.01.

About IQE

(Get Free Report)

IQE is the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry.

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