IQE (LON:IQE) Trading Up 12.1% – Here’s What Happened

Shares of IQE plc (LON:IQEGet Free Report) shot up 12.1% during trading on Tuesday . The stock traded as high as GBX 6.08 ($0.08) and last traded at GBX 5.93 ($0.08). 11,606,038 shares were traded during mid-day trading, an increase of 235% from the average session volume of 3,462,637 shares. The stock had previously closed at GBX 5.29 ($0.07).

IQE Stock Performance

The firm’s fifty day moving average price is GBX 7.85 and its 200 day moving average price is GBX 9.22. 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 stock has a market capitalization of £63.44 million, a price-to-earnings ratio of -1.28, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86.

IQE (LON:IQEGet Free Report) last issued its quarterly earnings data on Tuesday, September 23rd. The company reported GBX (1.60) EPS for the quarter. IQE had a negative return on equity of 14.21% and a negative net margin of 17.89%. Analysts forecast 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.

See Also

Receive News & Ratings for IQE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IQE and related companies with MarketBeat.com's FREE daily email newsletter.