IQE (LON:IQE) Stock Price Up 19.7% – Should You Buy?

IQE plc (LON:IQEGet Free Report)’s share price was up 19.7% during mid-day trading on Friday . The stock traded as high as GBX 15.98 ($0.20) and last traded at GBX 15.80 ($0.20). Approximately 20,311,678 shares changed hands during trading, an increase of 500% from the average daily volume of 3,387,860 shares. The stock had previously closed at GBX 13.20 ($0.16).

IQE Stock Up 17.4 %

The firm 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 firm’s 50 day moving average price is GBX 11.49 and its two-hundred day moving average price is GBX 18.65. The company has a debt-to-equity ratio of 49.21, a current ratio of 1.37 and a quick ratio of 0.97.

About IQE

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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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