IQE (LON:IQE) Stock Price Up 17.4% – What’s Next?

IQE plc (LON:IQE) rose 17.4% during trading on Saturday . The stock traded as high as GBX 15.98 ($0.20) and last traded at GBX 15.50 ($0.19). 14,424,722 shares traded hands during trading, an increase of 374% from the average daily volume of 3,041,568 shares. The stock had previously closed at GBX 13.20 ($0.16).

IQE Trading Up 17.4 %

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 business has a 50 day moving average of GBX 11.64 and a two-hundred day moving average of GBX 18.38. The firm has a market cap of £149.87 million, a P/E ratio of -775.00, a PEG ratio of 12.70 and a beta of 1.86.

IQE Company Profile

IQE is the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry.