IQE (LON:IQE) Shares Up 13.9% – Still a Buy?

IQE plc (LON:IQEGet Free Report)’s share price shot up 13.9% during mid-day trading on Friday . The company traded as high as GBX 15.48 ($0.19) and last traded at GBX 15.04 ($0.19). 15,119,991 shares were traded during mid-day trading, an increase of 391% from the average session volume of 3,076,491 shares. The stock had previously closed at GBX 13.20 ($0.16).

IQE Trading Up 14.2 %

The business’s 50 day moving average price is GBX 11.49 and its two-hundred day moving average price is GBX 18.65. The company has a market capitalization of £145.71 million, a price-to-earnings ratio of -753.50, 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.

IQE Company Profile

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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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