IQE (LON:IQE) Trading 6.9% Higher – What’s Next?

IQE plc (LON:IQEGet Free Report)’s share price was up 6.9% on Monday . The stock traded as high as GBX 11.40 and last traded at GBX 11.20. Approximately 5,171,847 shares were traded during mid-day trading, a decline of 59% from the average daily volume of 12,562,019 shares. The stock had previously closed at GBX 10.48.

IQE Stock Up 9.4%

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 firm has a 50 day moving average price of GBX 7.37 and a 200-day moving average price of GBX 7.08. The firm has a market cap of £112.11 million, a price-to-earnings ratio of -2.26, a P/E/G ratio of 12.70 and a beta of 1.86.

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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