IQE (LON:IQE) Shares Up 5.2% – Time to Buy?

Shares of IQE plc (LON:IQEGet Free Report) shot up 5.2% on Friday . The company traded as high as GBX 14 ($0.17) and last traded at GBX 13.88 ($0.17). 9,318,734 shares were traded during trading, an increase of 240% from the average session volume of 2,741,216 shares. The stock had previously closed at GBX 13.20 ($0.16).

IQE Price Performance

The firm has a market cap of £137.72 million, a PE ratio of -712.15, 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. The stock has a 50 day moving average price of GBX 11.49 and a two-hundred day moving average price 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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