IQE plc (LON:IQE – Get Free Report) rose 7.3% during mid-day trading on Wednesday . The stock traded as high as GBX 12.74 ($0.17) and last traded at GBX 12.47 ($0.16). Approximately 11,800,606 shares changed hands during trading, an increase of 249% from the average daily volume of 3,384,209 shares. The stock had previously closed at GBX 11.62 ($0.15).
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’s 50-day moving average is GBX 19.30 and its 200-day moving average is GBX 26.60. The company has a market cap of £115.99 million, a PE ratio of -600.00, a PEG ratio of 12.70 and a beta of 1.86.
About IQE
IQE plc, together with its subsidiaries, develops, manufactures, and sells advanced semiconductor materials. It operates through three segments: Wireless, Photonics, and CMOS++. The company manufactures and sells compound semiconductor materials for the wireless market which includes radio frequency devices for wireless communications, and photonics market, that includes applications that transmit and sense visible and infrared lights, as well as advanced semiconductor materials related to silicon.
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