IQE (LON:IQE) Stock Price Down 8.9% - Time to Sell?

Key Points

• IQE plc's stock price dropped by 8.9% during mid-day trading, trading as low as GBX 5.40 ($0.07).
• The company reported a negative earnings per share (EPS) of GBX (1.60) for the last quarter, reflecting a negative net margin of 17.89%.
• IQE has a market capitalization of £52.89 million and is experiencing high trading volume, with 13.2 million shares changing hands, up 292% from average levels.

IQE plc (LON:IQE - Get Free Report)'s stock price traded down 8.9% during mid-day trading on Wednesday . The stock 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 Trading Down 8.9%

The company has a 50-day moving average price of GBX 8.19 and a 200-day moving average price of GBX 9.39. The firm has a market capitalization of £52.89 million, a price-to-earnings ratio of -106.50, a PEG ratio of 12.70 and a beta of 1.86. The company has a debt-to-equity ratio of 49.21, a quick ratio of 0.97 and a current ratio of 1.37.

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