IQE (LON:IQE) Trading 17.6% Higher – Time to Buy?

Shares of IQE plc (LON:IQEGet Free Report) traded up 17.6% during trading on Monday . The stock traded as high as GBX 43.95 and last traded at GBX 43.51. 52,351,047 shares were traded during trading, an increase of 109% from the average session volume of 25,072,098 shares. The stock had previously closed at GBX 37.

IQE Trading Up 36.9%

The firm has a market capitalization of £495.90 million, a PE ratio of -9.97, a price-to-earnings-growth ratio of 12.70 and a beta of 1.87. The company’s 50-day simple moving average is GBX 19.24 and its 200 day simple moving average is GBX 10.75. The company has a quick ratio of 0.97, a current ratio of 1.17 and a debt-to-equity ratio of 81.86.

IQE Company Profile

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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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