IQE (LON:IQE) Stock Price Up 19.9% – Time to Buy?

IQE plc (LON:IQEGet Free Report) shares rose 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 mid-day 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 company has a quick ratio of 0.97, a current ratio of 1.37 and a debt-to-equity ratio of 49.21. The firm has a market cap of £148.90 million, a PE ratio of -770.00, a P/E/G ratio of 12.70 and a beta of 1.86. The firm’s fifty day simple moving average is GBX 11.49 and its two-hundred day simple moving average is 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.

Further Reading

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