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IQE (LON:IQE) Shares Down 8.5% - What's Next?

IQE logo with Computer and Technology background

Key Points

  • IQE plc shares fell by 8.5% during trading, reaching a low of GBX 7.55 ($0.10) before closing at GBX 7.87 ($0.11).
  • Trading volume significantly increased, with approximately 34.5 million shares exchanged, marking a 1,048% rise from the average daily volume.
  • The company has a market capitalization of £76.36 million and indicates a negative P/E ratio of -198.54.
  • Interested in IQE? Here are five stocks we like better.

IQE plc (LON:IQE - Get Free Report)'s stock price traded down 8.5% on Monday . The company traded as low as GBX 7.55 ($0.10) and last traded at GBX 7.87 ($0.11). 34,511,254 shares changed hands during mid-day trading, an increase of 1,048% from the average session volume of 3,005,164 shares. The stock had previously closed at GBX 8.60 ($0.12).

IQE Stock Down 2.6%

The stock's 50-day moving average price is GBX 9.34 and its two-hundred day moving average price is GBX 10.31. The stock has a market capitalization of £71.87 million, a PE ratio of -186.87, 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.

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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