IQE (LON:IQE) Shares Down 4.6% – Should You Sell?

IQE plc (LON:IQE)’s share price dropped 4.6% during mid-day trading on Wednesday . The stock traded as low as GBX 13.54 ($0.17) and last traded at GBX 13.84 ($0.17). Approximately 2,905,817 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 3,173,503 shares. The stock had previously closed at GBX 14.50 ($0.18).

IQE Stock Performance

The company has a current ratio of 1.37, a quick ratio of 0.97 and a debt-to-equity ratio of 49.21. The stock has a market capitalization of £132.08 million, a PE ratio of -683.00, a PEG ratio of 12.70 and a beta of 1.86. The business’s 50 day moving average is GBX 11.81 and its 200 day moving average is GBX 18.01.

IQE Company Profile

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