IQE (LON:IQE) Trading Down 8.3% - Should You Sell?

Key Points

• IQE plc's stock price fell by 8.3% on Monday, trading as low as GBX 7.55 ($0.10) with an increased volume of 38 million shares traded.
• The company has a market capitalization of £76.76 million and a concerning P/E ratio of -199.57, indicating ongoing financial challenges.
• IQE is recognized as the leading supplier of compound semiconductor wafer products to the global semiconductor industry.

IQE plc (LON:IQE - )'s stock price fell 8.3% during trading on Monday . The company traded as low as GBX 7.55 ($0.10) and last traded at GBX 7.89 ($0.11). 38,469,945 shares were traded during trading, an increase of 1,170% from the average session volume of 3,028,047 shares. The stock had previously closed at GBX 8.60 ($0.12).

IQE Trading Down 8.1%

The firm has a market cap of £76.76 million, a P/E ratio of -199.57, 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 has a fifty day moving average of GBX 9.52 and a 200-day moving average of GBX 10.44.

IQE Company Profile

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

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