IQE (LON:IQE) Stock Price Down 6.1% - Should You Sell?

Key Points

• IQE plc shares fell by 6.1% to GBX 5.58 ($0.07), with trading volume significantly increasing by 124% compared to the average.
• The company reported a negative earnings per share of GBX (1.60) and has a market capitalization of £52.89 million with a high debt-to-equity ratio of 49.21.
• Analysts predict that IQE plc will post an EPS of 0.37 for the current fiscal year, amidst a challenging financial performance marked by negative net margins.

IQE plc (LON:IQE - Get Free Report) shares were down 6.1% on Wednesday . The company traded as low as GBX 5.40 ($0.07) and last traded at GBX 5.58 ($0.07). Approximately 7,488,025 shares changed hands during trading, an increase of 124% from the average daily volume of 3,343,952 shares. The stock had previously closed at GBX 5.94 ($0.08).

IQE Price Performance

The firm has a 50-day simple moving average of GBX 8.19 and a two-hundred day simple moving average of GBX 9.39. The company has a market capitalization of £52.89 million, a price-to-earnings ratio of -106.50, a P/E/G ratio of 12.70 and a beta of 1.86. The company has a current ratio of 1.37, a quick ratio of 0.97 and a debt-to-equity ratio of 49.21.

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