IQE (LON:IQE) Shares Up 17.4% – Should You Buy?

IQE plc (LON:IQEGet Free Report)’s share price rose 17.4% during mid-day trading on Friday . The company traded as high as GBX 15.98 ($0.20) and last traded at GBX 15.50 ($0.19). Approximately 14,424,722 shares changed hands during 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 quick ratio of 0.97 and a current ratio of 1.37. The firm has a market cap 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’s 50 day simple moving average is GBX 11.64 and its 200-day simple moving average is 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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