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IQE (LON:IQE) Stock Price Down 8.3% - Should You Sell?

IQE logo with Computer and Technology background

Key Points

  • IQE plc's stock price dropped by 8.3%, trading as low as GBX 7.55 ($0.10) during mid-day trading, with a significant volume increase of 1,170% compared to its average daily trading.
  • The company has a debt-to-equity ratio of 49.21 and a negative price-to-earnings ratio of -199.57, indicating potential financial challenges.
  • Despite the stock decline, IQE is a leading supplier of compound semiconductor wafer products, crucial for the global semiconductor industry.
  • Interested in IQE? Here are five stocks we like better.

IQE plc (LON:IQE - Get Free Report)'s stock price fell 8.3% during trading on Monday . The company traded as low as GBX 7.55 ($0.10) and last traded at GBX 7.89 ($0.11). 38,469,945 shares changed hands during trading, an increase of 1,170% from the average session volume of 3,028,047 shares. The stock had previously closed at GBX 8.60 ($0.12).

IQE Trading Up 1.4%

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 stock has a fifty day simple moving average of GBX 9.29 and a 200 day simple moving average of GBX 10.26. The firm has a market capitalization of £72.85 million, a P/E ratio of -189.39, a PEG ratio of 12.70 and a beta of 1.86.

IQE Company Profile

(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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