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IQE (LON:IQE) Trading Down 4.9% - Here's What Happened

IQE logo with Computer and Technology background

Key Points

  • IQE plc shares fell by 4.9% on Friday, trading as low as GBX 8.19 ($0.11) before closing at GBX 8.68 ($0.12), with trading volume increasing by 32% from the average daily volume.
  • The company's financial metrics include a debt-to-equity ratio of 49.21, a negative return on equity of -14.21%, and an earnings per share of GBX (2.46) for the last quarter.
  • Analysts predict that IQE will report 0.37 earnings per share for the current fiscal year, indicating potential recovery after recent losses.
  • 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 share price was down 4.9% on Friday . The stock traded as low as GBX 8.19 ($0.11) and last traded at GBX 8.68 ($0.12). Approximately 3,738,488 shares traded hands during mid-day trading, an increase of 32% from the average daily volume of 2,837,896 shares. The stock had previously closed at GBX 9.13 ($0.12).

IQE Price Performance

The company has a market cap of £88.51 million, a P/E ratio of -3.80, a P/E/G 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. The firm's fifty day moving average is GBX 9.96 and its two-hundred day moving average is GBX 11.06.

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.

See Also

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