IQE (LON:IQE) Sets New 1-Year Low – Here’s Why

IQE plc (LON:IQEGet Free Report)’s stock price hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 9.82 ($0.13) and last traded at GBX 10 ($0.13), with a volume of 5589446 shares changing hands. The stock had previously closed at GBX 10.40 ($0.13).

IQE Stock Performance

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 market cap of £96.69 million, a price-to-earnings ratio of -500.00, a P/E/G ratio of 12.70 and a beta of 1.86. The stock’s 50-day moving average is GBX 16.77 and its 200 day moving average is GBX 25.61.

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.

Further Reading

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