IQE (LON:IQE) Shares Up 17.4% - Here's What Happened

IQE plc (LON:IQE - Get Free Report)'s stock price was up 17.4% on Saturday . The stock traded as high as GBX 15.98 ($0.20) and last traded at GBX 15.50 ($0.19). Approximately 14,424,722 shares were traded during mid-day trading, an increase of 374% from the average daily volume of 3,041,568 shares. The stock had previously closed at GBX 13.20 ($0.16).

IQE Price Performance

The company has a debt-to-equity ratio of 49.21, a quick ratio of 0.97 and a current ratio of 1.37. The stock has a market capitalization of £149.87 million, a price-to-earnings ratio of -775.00, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86. The business's 50 day simple moving average is GBX 11.64 and its 200-day simple moving average is GBX 18.49.

IQE Company Profile

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

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