IQE (LON:IQE) Shares Up 17.4% – Still a Buy?

IQE plc (LON:IQEGet Free Report) shares were up 17.4% during trading on Saturday . 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 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 Stock Performance

The company has a current ratio of 1.37, a quick ratio of 0.97 and a debt-to-equity ratio of 49.21. The company has a market cap 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. The stock’s fifty day simple moving average is GBX 11.64 and its 200 day simple moving average is GBX 18.38.

About IQE

(Get Free Report)

IQE is the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry.

Further Reading

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