IQE (LON:IQE) Trading Up 17.6% – What’s Next?

IQE plc (LON:IQEGet Free Report)’s stock price rose 17.6% during mid-day trading on Friday . The company traded as high as GBX 15.98 ($0.20) and last traded at GBX 15.52 ($0.19). Approximately 21,037,893 shares traded hands during mid-day trading, an increase of 513% from the average daily volume of 3,430,578 shares. The stock had previously closed at GBX 13.20 ($0.16).

IQE Price Performance

The company has a 50-day moving average of GBX 11.49 and a 200 day moving average of GBX 18.65. 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 stock has a market capitalization of £149.87 million, a PE ratio of -775.00, a PEG ratio of 12.70 and a beta of 1.86.

About IQE

(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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