IQE (LON:IQE) Reaches New 12-Month Low - What's Next?

Key Points

• IQE plc shares hit a new 52-week low, trading at GBX 7.51 ($0.10) with a total volume of 5,881,978 shares on Wednesday.
• The company's market capitalization stands at £73.82 million, with a P/E ratio of -191.92, indicating potential financial challenges.
• IQE is recognized as a leading supplier of compound semiconductor wafer products to the global semiconductor industry.

IQE plc (LON:IQE - )'s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 7.51 ($0.10) and last traded at GBX 7.60 ($0.10), with a volume of 5881978 shares. The stock had previously closed at GBX 7.80 ($0.11).

IQE Stock Down 2.6%

The firm's 50-day moving average price is GBX 9.43 and its 200 day moving average price is GBX 10.37. The firm has a market cap of £73.82 million, a P/E ratio of -191.92, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86. The company has a quick ratio of 0.97, a current ratio of 1.37 and a debt-to-equity ratio of 49.21.

IQE Company Profile

IQE is the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry.

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