IQE (LON:IQE) Shares Down 8.9% - Should You Sell?

Key Points

• IQE plc shares experienced a significant decline of 8.9%, trading as low as GBX 5.40 ($0.07), with volume increasing to approximately 13.2 million shares during trading.
• The company reported a quarterly earnings loss of GBX (1.60) EPS and has a negative net margin of 17.89%.
• IQE's market capitalization stands at £52.89 million with a high debt-to-equity ratio of 49.21 and a P/E ratio of -106.50.

IQE plc (LON:IQE - Get Free Report)'s share price fell 8.9% during trading on Wednesday . The company traded as low as GBX 5.40 ($0.07) and last traded at GBX 5.41 ($0.07). 13,212,298 shares traded hands during trading, an increase of 292% from the average session volume of 3,372,573 shares. The stock had previously closed at GBX 5.94 ($0.08).

IQE Stock Down 8.9%

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 has a market capitalization of £52.89 million, a price-to-earnings ratio of -106.50, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86. The firm has a 50 day moving average of GBX 8.11 and a two-hundred day moving average of GBX 9.36.

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

IQE Company Profile

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

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