IQE (LON:IQE) Shares Up 17.4% – What’s Next?

IQE plc (LON:IQE)’s stock price traded up 17.4% on Saturday . The stock traded as high as GBX 15.98 ($0.20) and last traded at GBX 15.50 ($0.19). 14,424,722 shares were traded during mid-day trading, an increase of 374% from the average session volume of 3,041,568 shares. The stock had previously closed at GBX 13.20 ($0.16).

IQE Stock Performance

The stock has a fifty day simple moving average of GBX 11.54 and a 200-day simple moving average of GBX 18.61. The stock has a market cap of £149.87 million, a P/E ratio of -775.00, a PEG 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

IQE is the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry.