IQE plc (OTCMKTS:IQEPF – Get Free Report)’s share price dropped 2.9% during mid-day trading on Monday . The company traded as low as $0.34 and last traded at $0.34. Approximately 11,200 shares were traded during trading, an increase of 84% from the average daily volume of 6,080 shares. The stock had previously closed at $0.35.
IQE Price Performance
The business has a 50-day simple moving average of $0.30 and a 200-day simple moving average of $0.25.
IQE Company Profile
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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