IQE (LON:IQE) Trading Down 9.1% - Here's Why

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.

IQE plc (LON:IQE - )'s share price traded down 9.1% 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 traded hands 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 Trading Down 0.1%

The company has a current ratio of 1.37, a quick ratio of 0.97 and a debt-to-equity ratio of 49.21. The business's fifty day simple moving average is GBX 9.47 and its two-hundred day simple moving average is GBX 10.39. The stock has a market capitalization of £75.91 million, a P/E ratio of -197.35, a P/E/G ratio of 12.70 and a beta of 1.86.

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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