IQE (OTCMKTS:IQEPF) Trading Down 30.3% – Here’s Why

IQE plc (OTCMKTS:IQEPFGet Free Report)’s share price fell 30.3% during trading on Tuesday . The stock traded as low as $0.13 and last traded at $0.13. 100 shares were traded during trading, a decline of 99% from the average session volume of 14,100 shares. The stock had previously closed at $0.18.

IQE Stock Performance

The stock’s 50 day simple moving average is $0.25 and its 200 day simple moving average is $0.34. The company has a current ratio of 1.37, a quick ratio of 0.96 and a debt-to-equity ratio of 0.16.

IQE Company Profile

(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.

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