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IQE (LON:IQE) Trading Down 7.6% - What's Next?

IQE logo with Computer and Technology background

Key Points

  • IQE plc shares fell 7.6% during trading, reaching a low of GBX 7.55 ($0.10) after closing at GBX 8.60 ($0.12).
  • Trading volume increased significantly to approximately 39.99 million shares, a rise of 1,217% from the average daily volume.
  • The company has a market capitalization of £76.54 million and a negative P/E ratio of -198.99, indicating potential financial instability.
  • Five stocks to consider instead of IQE.

IQE plc (LON:IQE - Get Free Report)'s stock price fell 7.6% on Monday . The stock traded as low as GBX 7.55 ($0.10) and last traded at GBX 7.95 ($0.11). 39,994,316 shares were traded during trading, an increase of 1,217% from the average session volume of 3,036,858 shares. The stock had previously closed at GBX 8.60 ($0.12).

IQE Stock Performance

The firm has a market capitalization of £72.85 million, a price-to-earnings ratio of -189.39, a PEG ratio of 12.70 and a beta of 1.86. The company has a fifty day moving average of GBX 9.29 and a two-hundred day moving average of GBX 10.26. The company has a debt-to-equity ratio of 49.21, a quick ratio of 0.97 and a current ratio of 1.37.

About IQE

(Get Free Report)

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

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