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IQE (LON:IQE) Trading Up 12.1% - Should You Buy?

IQE logo with Computer and Technology background

Key Points

  • IQE plc's stock price increased by 12.1% during mid-day trading, reaching GBX 5.93, significantly up from its previous close of GBX 5.29.
  • The company has a negative P/E ratio of -1.17, and analysts expect a projected EPS of 0.37 for the current year.
  • IQE is recognized as the leading supplier of compound semiconductor wafer products to the global semiconductor industry, despite operating with a negative net margin of 17.89%.
  • MarketBeat previews the top five stocks to own by November 1st.

IQE plc (LON:IQE - Get Free Report) was up 12.1% during mid-day trading on Monday . The company traded as high as GBX 6.08 ($0.08) and last traded at GBX 5.93 ($0.08). Approximately 11,606,038 shares traded hands during trading, an increase of 235% from the average daily volume of 3,462,637 shares. The stock had previously closed at GBX 5.29 ($0.07).

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 stock has a market capitalization of £57.97 million, a P/E ratio of -1.17, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86. The company has a fifty day moving average of GBX 7.85 and a two-hundred day moving average of GBX 9.22.

IQE (LON:IQE - Get Free Report) last announced its quarterly earnings data on Tuesday, September 23rd. The company reported GBX (1.60) earnings per share for the quarter. IQE had a negative net margin of 17.89% and a negative return on equity of 14.21%. On average, equities analysts anticipate that IQE plc will post 0.37 EPS for the current year.

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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