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IQE (LON:IQE) Trading Down 9.1% - Should You Sell?

IQE logo with Computer and Technology background

Key Points

  • IQE plc's stock price fell by 9.1%, trading as low as GBX 7.55 ($0.10) during mid-day trading, significantly below its previous close of GBX 8.60 ($0.12).
  • The trading volume surged to approximately 26.44 million shares, an increase of 794% compared to the average daily volume.
  • IQE, a leading supplier in the compound semiconductor industry, currently has a market capitalization of £75.95 million and a troubling price-to-earnings ratio of -197.47.
  • Interested in IQE? Here are five stocks we like better.

IQE plc (LON:IQE - Get Free Report)'s share price fell 9.1% during mid-day trading on Monday . The stock traded as low as GBX 7.55 ($0.10) and last traded at GBX 7.82 ($0.11). 26,444,150 shares traded hands 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 market capitalization of £72.85 million, a price-to-earnings ratio of -189.39, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86. The company has a 50-day moving average price of GBX 9.29 and a 200-day moving average price of GBX 10.23. The company has a debt-to-equity ratio of 49.21, a quick ratio of 0.97 and a current ratio of 1.37.

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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