IQE (LON:IQE) Sets New 12-Month Low - Should You Sell?

Key Points

• IQE plc shares reached a new 52-week low at GBX 7.30 ($0.10) with a trading volume of approximately 5.99 million shares.
• The company reported a negative EPS of GBX (1.60) for the recent quarter, accompanied by a negative return on equity of 14.21% and a net margin of 17.89%.
• IQE has a market capitalization of £70.90 million and a high debt-to-equity ratio of 49.21, indicating significant leverage in its financial structure.

IQE plc (LON:IQE - Get Free Report) shares hit a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 7.30 ($0.10) and last traded at GBX 7.30 ($0.10), with a volume of 5997438 shares traded. The stock had previously closed at GBX 7.40 ($0.10).

IQE Price Performance

The company has a market capitalization of £70.90 million, a PE ratio of -184.34, 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. The firm's 50 day simple moving average is GBX 8.61 and its 200 day simple moving average is GBX 9.69.

IQE (LON:IQE - Get Free Report) last released its quarterly earnings results on Tuesday, September 23rd. The company reported GBX (1.60) EPS for the quarter. IQE had a negative return on equity of 14.21% and a negative net margin of 17.89%. As a group, research analysts anticipate that IQE plc will post 0.37 EPS for the current fiscal year.

About IQE

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

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