IQE (LON:IQE) Trading Up 17.4% – Here’s Why

IQE plc (LON:IQEGet Free Report) shares shot up 17.4% during mid-day trading on Friday . The company traded as high as GBX 15.98 ($0.20) and last traded at GBX 15.50 ($0.19). 14,424,722 shares were traded during mid-day trading, an increase of 374% from the average session volume of 3,041,568 shares. The stock had previously closed at GBX 13.20 ($0.16).

IQE Stock Performance

The company has a debt-to-equity ratio of 49.21, a quick ratio of 0.97 and a current ratio of 1.37. The company has a market capitalization of £149.87 million, a PE ratio of -775.00, a PEG ratio of 12.70 and a beta of 1.86. The company has a 50 day moving average price of GBX 11.54 and a 200 day moving average price of GBX 18.61.

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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