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IQE (LON:IQE) Shares Up 17.4% - Still a Buy?

IQE logo with Computer and Technology background

IQE plc (LON:IQE - Get Free Report) shares traded 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). 14,424,722 shares changed hands during trading, an increase of 374% from the average session volume of 3,041,568 shares. The stock had previously closed at GBX 13.20 ($0.16).

IQE Stock Up 17.4 %

The firm's 50 day moving average price is GBX 11.64 and its two-hundred day moving average price is GBX 18.49. 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 capitalization of £149.87 million, a P/E ratio of -775.00, a PEG ratio of 12.70 and a beta of 1.86.

About IQE

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

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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