IQE (LON:IQE) Stock Price Up 19.9% – Should You Buy?

IQE plc (LON:IQEGet Free Report) shares were up 19.9% during mid-day trading on Friday . The company traded as high as GBX 16 ($0.20) and last traded at GBX 15.82 ($0.20). Approximately 18,181,945 shares were traded during trading, an increase of 457% from the average daily volume of 3,262,582 shares. The stock had previously closed at GBX 13.20 ($0.16).

IQE Price Performance

The stock’s 50 day moving average price is GBX 11.49 and its 200-day moving average price is GBX 18.65. The stock has a market capitalization of £148.90 million, a PE ratio of -770.00, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86. The company has a quick ratio of 0.97, a current ratio of 1.37 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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