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IQE (LON:IQE) Shares Down 2.6% - What's Next?

IQE logo with Computer and Technology background

Key Points

  • IQE plc shares fell by 2.6% during trading, hitting a low of GBX 8.82 ($0.12) after closing at GBX 9.13 ($0.12).
  • The company's latest quarterly earnings showed a loss of GBX (2.46) (($0.03)) per share, with a negative return on equity of 14.21%.
  • IQE has a market cap of £87.12 million and is noted as the leading supplier of compound semiconductor wafer products to the global semiconductor industry.
  • Want stock alerts on IQE? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

IQE plc (LON:IQE - Get Free Report)'s stock price fell 2.6% during mid-day trading on Friday . The company traded as low as GBX 8.82 ($0.12) and last traded at GBX 8.89 ($0.12). 1,924,827 shares were traded during trading, a decline of 32% from the average session volume of 2,826,417 shares. The stock had previously closed at GBX 9.13 ($0.12).

IQE Stock Up 0.1%

The business has a 50 day moving average of GBX 9.96 and a 200-day moving average of GBX 11.06. The stock has a market cap of £87.22 million, a PE ratio of -3.74, 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.

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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