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IQE (LON:IQE) Trading Down 9.1% - Time to Sell?

IQE logo with Computer and Technology background

Key Points

  • IQE plc's share price fell by 9.1% on Tuesday, trading as low as GBX 7.55, with a significant trading volume increase of 794% compared to the average session.
  • The company has a market capitalization of £75.91 million and a high debt-to-equity ratio of 49.21, indicating financial pressure.
  • IQE is recognized as the leading supplier of compound semiconductor wafer products in the global semiconductor industry.
  • Interested in IQE? Here are five stocks we like better.

IQE plc (LON:IQE - Get Free Report) shares fell 9.1% during trading on Tuesday . The company traded as low as GBX 7.55 ($0.10) and last traded at GBX 7.82 ($0.11). 26,444,150 shares were traded during mid-day trading, an increase of 794% from the average session volume of 2,958,533 shares. The stock had previously closed at GBX 8.60 ($0.12).

IQE Stock Performance

The company has a debt-to-equity ratio of 49.21, a current ratio of 1.37 and a quick ratio of 0.97. The business has a 50-day simple moving average of GBX 9.29 and a 200 day simple moving average of GBX 10.20. The firm has a market cap of £72.85 million, a PE ratio of -189.39, a PEG ratio of 12.70 and a beta of 1.86.

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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