IQE (LON:IQE) Trading Up 36.2% – Should You Buy?

Shares of IQE plc (LON:IQEGet Free Report) shot up 36.2% on Monday . The stock traded as high as GBX 10.70 and last traded at GBX 10. 82,581,672 shares traded hands during mid-day trading, an increase of 272% from the average session volume of 22,229,174 shares. The stock had previously closed at GBX 7.34.

Key Stories Impacting IQE

Here are the key news stories impacting IQE this week:

IQE Price Performance

The stock’s fifty day moving average is GBX 5.34 and its 200-day moving average is GBX 7.30. The stock has a market capitalization of £97.83 million, a P/E ratio of -1.97, a PEG ratio of 12.70 and a beta of 1.86. The company has a debt-to-equity ratio of 49.21, a current ratio of 1.37 and a quick ratio of 0.97.

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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