IQE (LON:IQE) Shares Up 17.4% – Should You Buy?

IQE plc (LON:IQEGet Free Report)’s stock price shot up 17.4% during trading on Saturday . The company traded as high as GBX 15.98 ($0.20) and last traded at GBX 15.50 ($0.19). 14,424,722 shares changed hands during trading, an increase of 374% from the average session volume of 3,041,568 shares. The stock had previously closed at GBX 13.20 ($0.16).

IQE Stock Up 17.4 %

The company has a debt-to-equity ratio of 49.21, a quick ratio of 0.97 and a current ratio of 1.37. The firm has a market capitalization of £149.87 million, a P/E ratio of -775.00, a PEG ratio of 12.70 and a beta of 1.86. The firm’s 50-day moving average is GBX 11.64 and its 200 day moving average is GBX 18.49.

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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