IQE (LON:IQE) Stock Price Up 18% – Time to Buy?

Shares of IQE plc (LON:IQEGet Free Report) were up 18% on Friday . The company traded as high as GBX 16 ($0.20) and last traded at GBX 15.57 ($0.19). Approximately 20,112,148 shares changed hands during trading, an increase of 496% from the average daily volume of 3,376,123 shares. The stock had previously closed at GBX 13.20 ($0.16).

IQE Price Performance

The stock’s 50-day simple moving average is GBX 11.64 and its two-hundred day simple moving average is GBX 18.49. The firm has a market cap of £149.87 million, a P/E ratio of -775.00, 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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