IQE (OTCMKTS:IQEPF) Shares Down 2.9%

Shares of IQE plc (OTCMKTS:IQEPFGet Free Report) fell 2.9% during trading on Monday . The company traded as low as $0.34 and last traded at $0.34. 11,200 shares were traded during mid-day trading, an increase of 84% from the average session volume of 6,080 shares. The stock had previously closed at $0.35.

IQE Stock Down 2.9 %

The business’s 50 day moving average price is $0.29 and its 200 day moving average price is $0.25.

About IQE

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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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