IQE (LON:IQE – Get Free Report) announced its quarterly earnings data on Thursday. The company reported GBX (2.82) EPS for the quarter, Digital Look Earnings reports. The business had revenue of GBX 9,730 million during the quarter. IQE had a negative return on equity of 37.49% and a negative net margin of 37.71%.
IQE Stock Performance
LON IQE opened at GBX 47.50 on Friday. The company has a current ratio of 0.76, a quick ratio of 0.97 and a debt-to-equity ratio of 102.23. The firm’s fifty day moving average price is GBX 40.74 and its two-hundred day moving average price is GBX 20.39. IQE has a 1 year low of GBX 4.66 and a 1 year high of GBX 72.90. The firm has a market capitalization of £465.40 million, a P/E ratio of -9.35, a price-to-earnings-growth ratio of 12.70 and a beta of 2.22.
Wall Street Analyst Weigh In
Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 60 price target on shares of IQE in a research report on Wednesday. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of GBX 60.
About IQE
IQE is the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry.
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