IQE (LON:IQE) Stock Price Up 19.9% – What’s Next?

IQE plc (LON:IQEGet Free Report) shares shot up 19.9% during mid-day trading on Friday . The stock traded as high as GBX 16 ($0.20) and last traded at GBX 15.82 ($0.20). 18,181,945 shares were traded during mid-day trading, an increase of 457% from the average session volume of 3,262,582 shares. The stock had previously closed at GBX 13.20 ($0.16).

IQE Stock Performance

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

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.

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