IQE (LON:IQE) Trading 18.3% Higher – Time to Buy?

IQE plc (LON:IQEGet Free Report) shot up 18.3% during mid-day trading on Friday . The stock traded as high as GBX 15.98 ($0.20) and last traded at GBX 15.62 ($0.19). 20,350,523 shares traded hands during trading, an increase of 500% from the average session volume of 3,390,145 shares. The stock had previously closed at GBX 13.20 ($0.16).

IQE Stock Performance

The firm has a market capitalization of £149.87 million, a price-to-earnings ratio of -775.00, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86. The company has a 50-day moving average of GBX 11.49 and a 200-day moving average of GBX 18.65. The company has a current ratio of 1.37, a quick ratio of 0.97 and a debt-to-equity ratio of 49.21.

About IQE

(Get Free Report)

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

Further Reading

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