IQE (LON:IQE) Stock Price Up 12.1% – Should You Buy?

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

IQE Stock Performance

The company has a market cap of £61.98 million, a P/E ratio of -1.25, a P/E/G ratio of 12.70 and a beta of 1.86. The firm has a 50 day moving average price of GBX 7.85 and a 200-day moving average price of GBX 9.22. The company has a debt-to-equity ratio of 49.21, a quick ratio of 0.97 and a current ratio of 1.37.

IQE (LON:IQEGet Free Report) last released its quarterly earnings results 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%. On average, research analysts predict that IQE plc will post 0.37 EPS for the current year.

About IQE

(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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