IQE (LON:IQE) Trading Down 2.9% – Should You Sell?

IQE plc (LON:IQEGet Free Report) shares were down 2.9% on Wednesday . The stock traded as low as GBX 16.60 ($0.21) and last traded at GBX 16.86 ($0.21). Approximately 6,977,199 shares changed hands during mid-day trading, an increase of 124% from the average daily volume of 3,109,436 shares. The stock had previously closed at GBX 17.36 ($0.22).

IQE Stock Down 9.9 %

The company has a quick ratio of 0.97, a current ratio of 1.37 and a debt-to-equity ratio of 49.21. The business has a 50-day simple moving average of GBX 12.41 and a 200-day simple moving average of GBX 16.98. The stock has a market cap of £151.17 million, a P/E ratio of -781.75, a PEG ratio of 12.70 and a beta of 1.86.

About IQE

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

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