IQE (LON:IQE) Stock Price Up 9.3% – Here’s Why

IQE plc (LON:IQEGet Free Report) was up 9.3% during mid-day trading on Friday . The company traded as high as GBX 14.50 ($0.18) and last traded at GBX 14.43 ($0.18). Approximately 11,479,020 shares traded hands during trading, an increase of 300% from the average daily volume of 2,868,292 shares. The stock had previously closed at GBX 13.20 ($0.16).

IQE Trading Up 9.5 %

The firm has a market capitalization of £139.72 million, a price-to-earnings ratio of -722.50, a PEG ratio of 12.70 and a beta of 1.86. 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 50-day moving average price of GBX 11.49 and a 200-day moving average price of GBX 18.65.

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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