IQE (LON:IQE) Trading Up 19.2% – Time to Buy?

IQE plc (LON:IQEGet Free Report)’s share price was up 19.2% during trading on Monday . The stock traded as high as GBX 8.87 and last traded at GBX 8.75. Approximately 37,010,754 shares traded hands during trading, an increase of 135% from the average daily volume of 15,719,043 shares. The stock had previously closed at GBX 7.34.

IQE Trading Up 24.0%

The firm has a market capitalization of £89.02 million, a PE ratio of -1.79, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86. The company has a debt-to-equity ratio of 49.21, a current ratio of 1.37 and a quick ratio of 0.97. The company has a fifty day moving average of GBX 5.25 and a 200-day moving average of GBX 7.30.

About IQE

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

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