IQE (LON:IQE) Shares Up 17.4% – Time to Buy?

IQE plc (LON:IQEGet Free Report)’s stock price traded up 17.4% on Saturday . The company traded as high as GBX 15.98 ($0.20) and last traded at GBX 15.50 ($0.19). 14,424,722 shares traded hands during mid-day 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 Up 17.4 %

The business’s fifty day moving average price is GBX 11.54 and its two-hundred day moving average price is GBX 18.61. The company has a debt-to-equity ratio of 49.21, a quick ratio of 0.97 and a current ratio of 1.37. The firm has a market capitalization of £149.87 million, a P/E ratio of -775.00, a PEG ratio of 12.70 and a beta of 1.86.

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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