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IQE (LON:IQE) Stock Price Down 4.9% - Time to Sell?

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.
  • MarketBeat previews the top five stocks to own by October 1st.

Shares of IQE plc (LON:IQE - Get Free Report) fell 4.9% during trading on Friday . The company traded as low as GBX 8.19 ($0.11) and last traded at GBX 8.68 ($0.12). 3,738,488 shares were traded during mid-day trading, an increase of 32% from the average session volume of 2,837,896 shares. The stock had previously closed at GBX 9.13 ($0.12).

IQE Trading Up 0.9%

The company has a market cap of £89.30 million, a P/E ratio of -3.83, a P/E/G ratio of 12.70 and a beta of 1.86. The business's 50-day moving average price is GBX 9.93 and its 200 day moving average price is GBX 11.04. 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 Company Profile

(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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