IQE (LON:IQE) Stock Price Up 17.9% – Time to Buy?

Shares of IQE plc (LON:IQEGet Free Report) rose 17.9% during mid-day trading on Friday . The stock traded as high as GBX 15.73 ($0.19) and last traded at GBX 15.56 ($0.19). Approximately 16,186,536 shares changed hands during trading, an increase of 415% from the average daily volume of 3,145,205 shares. The stock had previously closed at GBX 13.20 ($0.16).

IQE Stock Performance

The company has a debt-to-equity ratio of 49.21, a current ratio of 1.37 and a quick ratio of 0.97. The company has a market capitalization of £154.70 million, a PE ratio of -800.00, a P/E/G ratio of 12.70 and a beta of 1.86. The stock has a 50-day simple moving average of GBX 11.49 and a 200 day simple moving average of 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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