IQE (OTCMKTS:IQEPF) Trading Down 10.3% – Time to Sell?

IQE plc (OTCMKTS:IQEPF) shares dropped 10.3% on Thursday . The stock traded as low as $0.15 and last traded at $0.15. Approximately 326 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 3,825 shares. The stock had previously closed at $0.17.

IQE Trading Down 10.3 %

The company has a debt-to-equity ratio of 0.16, a current ratio of 1.37 and a quick ratio of 0.96. The business’s 50 day moving average price is $0.14 and its 200-day moving average price is $0.23.

About IQE

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.