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IQE (LON:IQE) Trading Down 9.1% - What's Next?

IQE logo with Computer and Technology background

Key Points

  • IQE shares fell by 9.1% during trading, closing at GBX 7.82 ($0.11) after hitting a low of GBX 7.55 ($0.10).
  • The company's trading volume increased by 794% compared to its average daily volume, with approximately 26.4 million shares traded.
  • IQE has a **market capitalization** of £75.91 million and a **P/E ratio** of -197.35, indicating significant financial challenges.
  • Five stocks to consider instead of IQE.

IQE plc (LON:IQE - Get Free Report)'s stock price fell 9.1% during mid-day trading on Tuesday . The stock traded as low as GBX 7.55 ($0.10) and last traded at GBX 7.82 ($0.11). 26,444,150 shares were traded during trading, an increase of 794% from the average session volume of 2,958,533 shares. The stock had previously closed at GBX 8.60 ($0.12).

IQE Price Performance

The company has a debt-to-equity ratio of 49.21, a current ratio of 1.37 and a quick ratio of 0.97. The firm has a 50-day moving average of GBX 9.29 and a 200-day moving average of GBX 10.20. The stock has a market cap of £72.85 million, a PE ratio of -189.39, a PEG ratio of 12.70 and a beta of 1.86.

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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