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

IQE plc (LON:IQEGet Free Report) was up 17.4% during trading on Friday . The company traded as high as GBX 15.98 ($0.20) and last traded at GBX 15.50 ($0.19). Approximately 14,424,722 shares changed hands during mid-day 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 Stock 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 company has a 50 day simple moving average of GBX 11.64 and a two-hundred day simple moving average of GBX 18.49. The firm has a market capitalization of £149.87 million, a P/E ratio of -775.00, a P/E/G ratio of 12.70 and a beta of 1.86.

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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