IQE (LON:IQE) Shares Up 19.9% – Time to Buy?

IQE plc (LON:IQEGet Free Report)’s stock price was 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). Approximately 18,181,945 shares traded hands during trading, an increase of 457% from the average daily volume of 3,262,582 shares. The stock had previously closed at GBX 13.20 ($0.16).

IQE Trading Up 17.4 %

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 firm has a market cap of £149.87 million, a PE ratio of -775.00, a P/E/G ratio of 12.70 and a beta of 1.86. The business has a fifty day moving average price of GBX 11.64 and a 200 day moving average price of GBX 18.49.

IQE Company Profile

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

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