IQE (LON:IQE) Trading 17.4% Higher – What’s Next?

IQE plc (LON:IQEGet Free Report)’s stock price shot up 17.4% during trading on Friday . The stock traded as high as GBX 15.98 ($0.20) and last traded at GBX 15.50 ($0.19). 14,424,722 shares were traded 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 Performance

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 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 stock has a 50 day simple moving average of GBX 11.49 and a 200 day simple moving average of GBX 18.65.

IQE Company Profile

(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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