IQE (LON:IQE) Hits New 52-Week Low – Time to Sell?

IQE plc (LON:IQE)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 9.82 ($0.13) and last traded at GBX 10 ($0.13), with a volume of 5589446 shares trading hands. The stock had previously closed at GBX 10.40 ($0.13).

IQE Stock Down 3.8 %

The company has a debt-to-equity ratio of 49.21, a quick ratio of 0.97 and a current ratio of 1.37. The business has a 50 day simple moving average of GBX 16.46 and a 200-day simple moving average of GBX 25.50. The firm has a market capitalization of £97.70 million, a price-to-earnings ratio of -525.00, a P/E/G ratio of 12.70 and a beta of 1.86.

IQE Company Profile

IQE plc, together with its subsidiaries, develops, manufactures, and sells advanced semiconductor materials. It operates through three segments: Wireless, Photonics, and CMOS++. The company manufactures and sells compound semiconductor materials for the wireless market which includes radio frequency devices for wireless communications, and photonics market, that includes applications that transmit and sense visible and infrared lights, as well as advanced semiconductor materials related to silicon.