IQE (OTCMKTS:IQEPF) Trading Down 25.5% – Here’s Why

Shares of IQE plc (OTCMKTS:IQEPFGet Free Report) fell 25.5% on Tuesday . The company traded as low as $0.15 and last traded at $0.15. 100 shares traded hands during trading, a decline of 97% from the average session volume of 3,314 shares. The stock had previously closed at $0.20.

IQE Stock Down 25.5 %

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 company has a 50-day simple moving average of $0.15 and a 200-day simple moving average of $0.19.

IQE Company Profile

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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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