IQE (LON:IQE – Get Free Report) released its earnings results on Thursday. The company reported GBX (2.82) EPS for the quarter, Digital Look Earnings reports. IQE had a negative return on equity of 40.92% and a negative net margin of 50.52%.The firm had revenue of GBX 9,730 million for the quarter.
IQE Price Performance
LON:IQE opened at GBX 48.15 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.17 and a debt-to-equity ratio of 81.86. The business’s 50-day simple moving average is GBX 40.30 and its two-hundred day simple moving average is GBX 20.20. The stock has a market cap of £471.77 million, a PE ratio of -9.48, a P/E/G ratio of 12.70 and a beta of 2.22. IQE has a 52 week low of GBX 4.66 and a 52 week high of GBX 72.90.
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 60 price target on shares of IQE in a report on Wednesday. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 60.
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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