IQE (LON:IQE) Shares Down 7.4%

IQE plc (LON:IQEGet Free Report) was down 7.4% during mid-day trading on Monday . The company traded as low as GBX 17.98 ($0.24) and last traded at GBX 18.12 ($0.24). Approximately 6,667,549 shares were traded during mid-day trading, an increase of 101% from the average daily volume of 3,314,211 shares. The stock had previously closed at GBX 19.58 ($0.26).

IQE Stock Performance

The stock has a market capitalization of £168.23 million, a PE ratio of -870.00, a PEG ratio of 12.70 and a beta of 1.87. The stock’s 50 day moving average price is GBX 27.44 and its 200-day moving average price is GBX 27.83. The company has a quick ratio of 0.97, a current ratio of 1.26 and a debt-to-equity ratio of 31.89.

About IQE

(Get Free Report)

IQE plc, together with its subsidiaries, develops, manufactures, and sells advanced semiconductor materials. It operates through three segments: Wireless, Photonics, and CMOS++. The company manufactures and sells compound semiconductor materials for the wireless market which includes radio frequency devices for wireless communications, and photonics market, that includes applications that transmit and sense visible and infrared lights, as well as advanced semiconductor materials related to silicon.

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