IQE (LON:IQE) Trading 17.6% Higher – Time to Buy?

IQE plc (LON:IQEGet Free Report)’s share price was up 17.6% during mid-day trading on Friday . The company traded as high as GBX 15.98 ($0.20) and last traded at GBX 15.52 ($0.19). Approximately 21,037,893 shares were traded during trading, an increase of 513% from the average daily volume of 3,430,578 shares. The stock had previously closed at GBX 13.20 ($0.16).

IQE Stock Performance

The company has a market cap 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 debt-to-equity ratio of 49.21, a current ratio of 1.37 and a quick ratio of 0.97. The firm has a fifty day simple moving average of GBX 11.64 and a 200 day simple moving average of GBX 18.49.

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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