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IQE (LON:IQE) Trading Up 17.4% - Time to Buy?

IQE logo with Computer and Technology background

IQE plc (LON:IQE - Get Free Report) shares rose 17.4% on Saturday . The company traded as high as GBX 15.98 ($0.20) and last traded at GBX 15.50 ($0.19). Approximately 14,424,722 shares traded hands 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 Stock Up 17.4 %

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

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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