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

IQE plc (LON:IQEGet Free Report)’s share price shot up 17.4% during trading on Friday . 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 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 company has a current ratio of 1.37, a quick ratio of 0.97 and a debt-to-equity ratio of 49.21. 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 stock has a 50 day moving average price of GBX 11.49 and a two-hundred day moving average price of 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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