IQE (LON:IQE) Shares Up 36.2% – Time to Buy?

Shares of IQE plc (LON:IQEGet Free Report) were up 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 changed hands during trading, an increase of 272% from the average daily volume of 22,229,174 shares. The stock had previously closed at GBX 7.34.

Key Stories Impacting IQE

Here are the key news stories impacting IQE this week:

IQE Stock Up 36.2%

The firm has a 50 day moving average of GBX 5.34 and a two-hundred day moving average of GBX 7.30. The stock has a market capitalization of £97.83 million, a PE ratio of -1.97, a P/E/G ratio of 12.70 and a beta of 1.86. The company has a current ratio of 1.37, a quick ratio of 0.97 and a debt-to-equity ratio of 49.21.

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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