IQE (LON:IQE) Trading Up 13.8% – Should You Buy?

IQE plc (LON:IQEGet Free Report)’s share price rose 13.8% on Monday . The stock traded as high as GBX 8.94 and last traded at GBX 8.93. Approximately 9,834,063 shares changed hands during trading, a decline of 51% from the average daily volume of 19,977,154 shares. The stock had previously closed at GBX 7.85.

IQE Stock Performance

The stock’s fifty day moving average is GBX 5.59 and its 200-day moving average is GBX 7.26. 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 stock has a market cap of £87.36 million, a price-to-earnings ratio of -1.76, a PEG 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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