IQE (LON:IQE) Trading Up 10.6% – Time to Buy?

IQE plc (LON:IQEGet Free Report)’s stock price was up 10.6% during mid-day trading on Friday . The company traded as high as GBX 14.60 ($0.18) and last traded at GBX 14.60 ($0.18). Approximately 13,583,366 shares changed hands during trading, an increase of 354% from the average daily volume of 2,992,077 shares. The stock had previously closed at GBX 13.20 ($0.16).

IQE Price Performance

The company’s 50-day moving average price is GBX 11.49 and its 200-day moving average price is GBX 18.65. 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 firm has a market cap of £144.07 million, a price-to-earnings ratio of -745.00, a PEG ratio of 12.70 and a beta of 1.86.

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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