Free Trial

IQE (LON:IQE) Stock Price Down 8.5% - Should You Sell?

IQE logo with Computer and Technology background

Key Points

  • IQE plc shares fell by 8.5% on Monday, trading as low as GBX 7.55 ($0.10) before closing at GBX 7.87 ($0.11).
  • Trading volume increased significantly to 42,527,238 shares, a 1,294% rise from the average session volume.
  • The company's market capitalization stands at £75.95 million, with a notable debt-to-equity ratio of 49.21.
  • MarketBeat previews the top five stocks to own by November 1st.

Shares of IQE plc (LON:IQE - Get Free Report) were down 8.5% on Monday . The company traded as low as GBX 7.55 ($0.10) and last traded at GBX 7.87 ($0.11). Approximately 42,527,238 shares changed hands during mid-day trading, an increase of 1,294% from the average daily volume of 3,051,499 shares. The stock had previously closed at GBX 8.60 ($0.12).

IQE Stock Performance

The company has a debt-to-equity ratio of 49.21, a quick ratio of 0.97 and a current ratio of 1.37. The stock's fifty day moving average is GBX 9.29 and its two-hundred day moving average is GBX 10.26. The firm has a market cap of £72.85 million, a price-to-earnings 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.

See Also

Should You Invest $1,000 in IQE Right Now?

Before you consider IQE, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and IQE wasn't on the list.

While IQE currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.