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IQE (LON:IQE) Trading Down 9.1% - Time to Sell?

IQE logo with Computer and Technology background

Key Points

  • IQE plc experienced a significant stock decline of 9.1%, with shares trading as low as GBX 7.55 ($0.10) before recovering slightly to GBX 7.82 ($0.11).
  • The trading volume surged to 26,444,150 shares, marking a 794% increase compared to the average session volume.
  • IQE has a debt-to-equity ratio of 49.21, with a market capitalization of £75.47 million and a PE ratio of -196.21.
  • MarketBeat previews the top five stocks to own by October 1st.

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

IQE Stock Up 1.4%

The company's 50 day moving average price is GBX 9.34 and its two-hundred day moving average price is GBX 10.31. The company has a current ratio of 1.37, a quick ratio of 0.97 and a debt-to-equity ratio of 49.21. The stock has a market cap of £72.85 million, a P/E ratio of -189.39, a PEG ratio of 12.70 and a beta of 1.86.

IQE Company Profile

(Get Free Report)

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

Further Reading

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