IQE (LON:IQE) Shares Up 36.2% – Still a Buy?

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

More IQE News

Here are the key news stories impacting IQE this week:

IQE Stock Performance

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 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 stock has a 50 day moving average price of GBX 5.34 and a two-hundred day moving average price of GBX 7.30.

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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