IQE (LON:IQE) Trading Down 6.9% – What’s Next?

IQE plc (LON:IQEGet Free Report) was down 6.9% on Tuesday . The stock traded as low as GBX 49.45 and last traded at GBX 50.75. Approximately 83,080,289 shares changed hands during mid-day trading, an increase of 151% from the average daily volume of 33,082,543 shares. The stock had previously closed at GBX 54.50.

IQE Stock Down 1.8%

The stock has a fifty day moving average price of GBX 35.55 and a 200-day moving average price of GBX 17.22. The firm has a market cap of £485.67 million, a PE ratio of -9.76, a PEG ratio of 12.70 and a beta of 2.22. The company has a debt-to-equity ratio of 81.86, a quick ratio of 0.97 and a current ratio of 1.17.

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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