IQE (LON:IQE) Stock Price Up 10.8% – Still a Buy?

IQE plc (LON:IQEGet Free Report)’s share price rose 10.8% on Monday . The company traded as high as GBX 54.50 and last traded at GBX 52.20. Approximately 166,682,547 shares traded hands during mid-day trading, an increase of 398% from the average daily volume of 33,465,555 shares. The stock had previously closed at GBX 47.10.

IQE Trading Up 10.5%

The company’s 50 day simple moving average is GBX 33.12 and its 200-day simple moving average is GBX 15.99. The firm has a market cap of £510.08 million, a P/E ratio of -10.25, a P/E/G ratio of 12.70 and a beta of 2.22. The company has a quick ratio of 0.97, a current ratio of 1.17 and a debt-to-equity ratio of 81.86.

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.

Read More

Receive News & Ratings for IQE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IQE and related companies with MarketBeat.com's FREE daily email newsletter.