IQE (LON:IQE) Stock Price Down 8.5% – Should You Sell?

IQE plc (LON:IQEGet Free Report) shares traded down 8.5% on Wednesday . The company traded as low as GBX 5.84 ($0.08) and last traded at GBX 5.94 ($0.08). 10,250,466 shares changed hands during trading, an increase of 208% from the average session volume of 3,323,127 shares. The stock had previously closed at GBX 6.49 ($0.09).

IQE Stock Down 4.4%

The stock has a market capitalization of £55.52 million, a PE ratio of -111.81, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86. 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’s fifty day moving average price is GBX 8.19 and its two-hundred day moving average price is GBX 9.39.

IQE (LON:IQEGet 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 research analysts forecast that IQE plc will post 0.37 EPS for the current fiscal year.

About IQE

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

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