IQE (LON:IQE) Shares Up 19.7% – Here’s What Happened

IQE plc (LON:IQEGet Free Report) shares rose 19.7% during mid-day trading on Friday . The company traded as high as GBX 15.98 ($0.20) and last traded at GBX 15.80 ($0.20). Approximately 20,311,678 shares changed hands during trading, an increase of 500% from the average daily volume of 3,387,860 shares. The stock had previously closed at GBX 13.20 ($0.16).

IQE Stock Performance

The firm has a market cap of £149.87 million, a PE ratio of -775.00, 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. The stock’s 50 day moving average price is GBX 11.49 and its 200 day moving average price is GBX 18.65.

IQE Company Profile

(Get Free Report)

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

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