IQE (LON:IQE) Announces Earnings Results

IQE (LON:IQEGet Free Report) released its earnings results on Tuesday. The company reported GBX (2.46) (($0.03)) EPS for the quarter, Digital Look Earnings reports. IQE had a negative return on equity of 14.21% and a negative net margin of 17.89%.

IQE Stock Up 6.3%

Shares of LON IQE opened at GBX 10.59 ($0.14) on Wednesday. The stock has a 50-day moving average price of GBX 10.57 and a two-hundred day moving average price of GBX 11.87. 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 has a 12 month low of GBX 8.21 ($0.11) and a 12 month high of GBX 37 ($0.49). The company has a market cap of £104.79 million, a price-to-earnings ratio of -4.50, a PEG ratio of 12.70 and a beta of 1.86.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 20 ($0.27) price objective on shares of IQE in a report on Thursday, February 13th.

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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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