IQE (LON:IQE) Trading Up 7.3% - Still a Buy?

IQE plc (LON:IQE - Get Free Report) was up 7.3% on Wednesday . The company traded as high as GBX 12.74 ($0.17) and last traded at GBX 12.47 ($0.16). Approximately 11,800,606 shares changed hands during trading, an increase of 249% from the average daily volume of 3,384,209 shares. The stock had previously closed at GBX 11.62 ($0.15).

IQE Stock Performance

The company has a debt-to-equity ratio of 49.21, a current ratio of 1.37 and a quick ratio of 0.97. The company has a market cap of £120.48 million, a price-to-earnings ratio of -623.00, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86. The stock has a 50-day moving average price of GBX 19.61 and a 200 day moving average price of GBX 26.71.

IQE Company Profile

IQE plc, together with its subsidiaries, develops, manufactures, and sells advanced semiconductor materials. It operates through three segments: Wireless, Photonics, and CMOS++. The company manufactures and sells compound semiconductor materials for the wireless market which includes radio frequency devices for wireless communications, and photonics market, that includes applications that transmit and sense visible and infrared lights, as well as advanced semiconductor materials related to silicon.