IQE (LON:IQE) Stock Price Up 17.4% – Still a Buy?

IQE plc (LON:IQEGet Free Report)’s stock price shot 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 changed hands 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 firm has a market capitalization of £149.87 million, a price-to-earnings ratio of -775.00, a P/E/G 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’s fifty day moving average is GBX 11.54 and its two-hundred day moving average is GBX 18.61.

About IQE

(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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