IQE (LON:IQE) Stock Price Up 21.2% – Here’s What Happened

IQE plc (LON:IQEGet Free Report)’s share price rose 21.2% during trading on Tuesday . The stock traded as high as GBX 23.15 and last traded at GBX 23.13. Approximately 36,311,879 shares traded hands during mid-day trading, an increase of 60% from the average daily volume of 22,765,445 shares. The stock had previously closed at GBX 19.08.

IQE Stock Down 2.3%

The company has a market capitalization of £232.44 million, a price-to-earnings ratio of -4.68, a PEG ratio of 12.70 and a beta of 2.40. The company has a debt-to-equity ratio of 81.86, a quick ratio of 0.97 and a current ratio of 1.17. The business’s 50 day moving average is GBX 11.34 and its 200 day moving average is GBX 8.09.

About IQE

(Get Free Report)

IQE is the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry.

See Also

Receive News & Ratings for IQE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IQE and related companies with MarketBeat.com's FREE daily email newsletter.