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

Key Points

• IQE plc shares fell by 8.5% in trading, dropping to GBX 5.94 ($0.08) after closing at GBX 6.49 ($0.09).
• The company reported a quarterly earnings loss of GBX (1.60) per share, with a negative net margin of 17.89% and a PE ratio of -111.81.
• IQE's market capitalization is approximately £55.52 million, with significant trading volume increasing by 208% from the average.

IQE plc (LON:IQE - Get Free Report) shares traded down 8.5% on Wednesday . The company traded as low as GBX 5.84 ($0.08) and last traded at GBX 5.94 ($0.08). 10,250,466 shares changed hands during trading, an increase of 208% from the average session volume of 3,323,127 shares. The stock had previously closed at GBX 6.49 ($0.09).

IQE Stock Down 4.4%

The stock has a market capitalization of £55.52 million, a PE ratio of -111.81, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86. 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 business's fifty day moving average price is GBX 8.19 and its two-hundred day moving average price is GBX 9.39.

IQE (LON:IQE - Get Free Report) last announced its quarterly earnings data 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%. On average, equities research analysts forecast that IQE plc will post 0.37 EPS for the current fiscal year.

About IQE

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

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