IQE (LON:IQE) Stock Price Up 18% – Here’s What Happened

Shares of IQE plc (LON:IQEGet Free Report) rose 18% during mid-day trading on Friday . The stock traded as high as GBX 16 ($0.20) and last traded at GBX 15.57 ($0.19). Approximately 20,112,148 shares were traded during trading, an increase of 496% from the average daily volume of 3,376,123 shares. The stock had previously closed at GBX 13.20 ($0.16).

IQE Stock Up 17.4 %

The stock has a market capitalization of £149.87 million, a P/E ratio of -775.00, a P/E/G ratio of 12.70 and a beta of 1.86. 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 firm’s fifty day moving average is GBX 11.49 and its 200-day moving average is GBX 18.65.

IQE Company Profile

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

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