IQE (LON:IQE) Trading 36.1% Higher – Still a Buy?

IQE plc (LON:IQEGet Free Report) shares were up 36.1% on Monday . The stock traded as high as GBX 10.62 and last traded at GBX 9.99. Approximately 100,448,648 shares changed hands during trading, an increase of 305% from the average daily volume of 24,781,600 shares. The stock had previously closed at GBX 7.34.

IQE Stock Performance

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 firm has a market capitalization of £100.07 million, a price-to-earnings ratio of -2.01, a PEG ratio of 12.70 and a beta of 1.86. The stock’s 50-day moving average is GBX 5.25 and its 200-day moving average is GBX 7.30.

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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