IQE (LON:IQE) Stock Price Up 12% – What’s Next?

IQE plc (LON:IQEGet Free Report)’s stock price rose 12% during mid-day trading on Thursday . The stock traded as high as GBX 7.50 ($0.10) and last traded at GBX 6.90 ($0.09). Approximately 23,545,375 shares were traded during mid-day trading, an increase of 554% from the average daily volume of 3,598,510 shares. The stock had previously closed at GBX 6.16 ($0.08).

IQE Price Performance

The company has a 50-day simple moving average of GBX 7.73 and a 200-day simple moving average of GBX 9.19. The stock has a market cap of £67.84 million, a PE ratio of -1.37, 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 (LON:IQEGet Free Report) last released its quarterly earnings data on Tuesday, September 23rd. The company reported GBX (1.60) earnings per share (EPS) for the quarter. IQE had a negative return on equity of 14.21% and a negative net margin of 17.89%. Sell-side analysts anticipate that IQE plc will post 0.37 EPS for the current fiscal year.

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.

Further Reading

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