IQE (LON:IQE) Sets New 12-Month Low - Time to Sell?

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 - Get Free Report)'s stock price reached a new 52-week low on Wednesday . The company 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 Trading Down 0.7%

The stock has a market cap of £72.36 million, a price-to-earnings ratio of -188.13, a P/E/G ratio of 12.70 and a beta of 1.86. The business has a 50-day simple moving average of GBX 9.29 and a two-hundred day simple moving average of GBX 10.20. The company has a debt-to-equity ratio of 49.21, a quick ratio of 0.97 and a current ratio of 1.37.

IQE Company Profile

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