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

IQE plc (LON:IQEGet Free Report)’s share price dropped 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 Performance

The company has a fifty day moving average price of GBX 12.41 and a two-hundred day moving average price of GBX 16.98. The firm has a market cap of £151.17 million, a price-to-earnings ratio of -781.75, 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.

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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