IQE (LON:IQE) Trading 17.4% Higher – Should You Buy?

IQE plc (LON:IQEGet Free Report) rose 17.4% on Friday . The stock traded as high as GBX 15.98 ($0.20) and last traded at GBX 15.50 ($0.19). Approximately 14,424,722 shares traded hands during mid-day trading, an increase of 374% from the average daily volume of 3,041,568 shares. The stock had previously closed at GBX 13.20 ($0.16).

IQE Price Performance

The company has a debt-to-equity ratio of 49.21, a current ratio of 1.37 and a quick ratio of 0.97. The stock has a market capitalization of £149.87 million, a price-to-earnings ratio of -775.00, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86. The stock has a 50 day moving average price of GBX 11.64 and a 200-day moving average price of GBX 18.49.

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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