IQE (LON:IQE) Stock Price Up 7.3% – Still a Buy?

IQE plc (LON:IQEGet Free Report) shares traded 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). 11,800,606 shares were traded during mid-day trading, an increase of 249% from the average session volume of 3,384,209 shares. The stock had previously closed at GBX 11.62 ($0.15).

IQE Trading Down 0.0 %

The firm has a market cap of £115.99 million, a PE ratio of -600.00, a PEG ratio of 12.70 and a beta of 1.86. The company has a quick ratio of 0.97, a current ratio of 1.37 and a debt-to-equity ratio of 49.21. The stock’s fifty day simple moving average is GBX 19.30 and its two-hundred day simple moving average is GBX 26.60.

IQE Company Profile

(Get Free Report)

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.

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