IQE (LON:IQE) Stock Price Up 17.4% – Should You Buy?

IQE plc (LON:IQEGet Free Report)’s share price rose 17.4% during trading on Saturday . The stock traded as high as GBX 15.98 ($0.20) and last traded at GBX 15.50 ($0.19). Approximately 14,424,722 shares changed hands during mid-day trading, an increase of 374% from the average daily volume of 3,041,568 shares. The stock had previously closed at GBX 13.20 ($0.16).

IQE Trading Up 17.4 %

The company has a market cap of £149.87 million, a price-to-earnings ratio of -775.00, a PEG ratio of 12.70 and a beta of 1.86. 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 business’s fifty day simple moving average is GBX 11.54 and its two-hundred day simple moving average is GBX 18.61.

About IQE

(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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