IQE (LON:IQE) Stock Price Up 36.2% – Here’s What Happened

IQE plc (LON:IQEGet Free Report) shares shot up 36.2% during mid-day trading on Monday . The company traded as high as GBX 10.70 and last traded at GBX 10. 82,581,672 shares traded hands during mid-day trading, an increase of 272% from the average session volume of 22,229,174 shares. The stock had previously closed at GBX 7.34.

IQE News Summary

Here are the key news stories impacting IQE this week:

IQE Price Performance

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 firm has a market cap of £97.83 million, a price-to-earnings ratio of -1.97, a P/E/G ratio of 12.70 and a beta of 1.86. The business’s 50-day moving average price is GBX 5.34 and its two-hundred day moving average price is GBX 7.30.

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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