IQE (LON:IQE) Trading Up 17.4% - Here's Why

IQE plc (LON:IQE - Get Free Report)'s share price shot up 17.4% during mid-day trading 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 traded hands during mid-day 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 Price Performance

The company has a fifty day simple moving average of GBX 11.64 and a 200-day simple moving average of GBX 18.49. The company has a market cap of £149.87 million, a P/E ratio of -775.00, a PEG ratio of 12.70 and a beta of 1.86. The company has a debt-to-equity ratio of 49.21, a current ratio of 1.37 and a quick ratio of 0.97.

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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