IQE (LON:IQE) Stock Price Up 10.8% – Still a Buy?

Shares of IQE plc (LON:IQEGet Free Report) shot up 10.8% on Monday . The company traded as high as GBX 54.50 and last traded at GBX 52.20. 166,682,547 shares changed hands during mid-day trading, an increase of 398% from the average session volume of 33,465,555 shares. The stock had previously closed at GBX 47.10.

IQE Price Performance

The stock has a market capitalization of £510.08 million, a PE ratio of -10.25, a price-to-earnings-growth ratio of 12.70 and a beta of 2.22. The company has a quick ratio of 0.97, a current ratio of 1.17 and a debt-to-equity ratio of 81.86. The stock’s 50 day moving average price is GBX 33.12 and its 200-day moving average price is GBX 15.99.

IQE Company Profile

(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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