IQE (LON:IQE) Trading Down 9.4% – Here’s What Happened

Shares of IQE plc (LON:IQE) traded down 9.4% during mid-day trading on Thursday . The stock traded as low as GBX 8.15 and last traded at GBX 8.15. 18,015,104 shares changed hands during trading, a decline of 16% from the average session volume of 21,355,688 shares. The stock had previously closed at GBX 9.

Key Headlines Impacting IQE

Here are the key news stories impacting IQE this week:

• Positive Sentiment: No positive items provided. If you supply positive news (orders, contract wins, upbeat guidance, JV/partnerships, upgrades), I will summarize and explain why the shares could rise.
• Neutral Sentiment: Please paste the news articles or links you want summarized (or tell me to pull latest headlines). For best results, include the full article text or a news URL and indicate if you want a short summary or deeper analysis. Example: “Summarize this earnings release” + link.
• Negative Sentiment: No negative items provided. If you supply negative news (missed guidance, slowing demand, writedowns, management departures, regulatory issues), I will explain why the stock could fall and outline the potential magnitude and time horizon of the impact.

IQE Stock Up 0.6%

The business has a 50 day moving average of GBX 5.54 and a 200-day moving average of GBX 7.31. The stock has a market cap of £80.21 million, a PE ratio of -1.61, a P/E/G ratio of 12.70 and a beta of 1.86. The company has a current ratio of 1.37, a quick ratio of 0.97 and a debt-to-equity ratio of 49.21.

IQE Company Profile

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