IQE (LON:IQE) Trading 9.3% Higher – Time to Buy?

IQE plc ( LON:IQE – Get Free Report ) shares shot up 9.3% during trading on Friday . The stock traded as high as GBX 14.

50 ($0.18) and last traded at GBX 14.43 ($0.



18). 11,479,020 shares traded hands during trading, an increase of 300% from the average session volume of 2,868,292 shares. The stock had previously closed at GBX 13.

20 ($0.16). IQE Price Performance The stock has a 50-day moving average price of GBX 11.

64 and a two-hundred day moving average price of GBX 18.49. 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 stock has a market cap of £149.87 million, a price-to-earnings ratio of -775.00, 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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