IQE (LON:IQE) Trading Up 10.7% – What’s Next?

Shares of IQE plc (LON:IQEGet Free Report) were up 10.7% during mid-day trading on Monday . The stock traded as high as GBX 6.13 and last traded at GBX 6.08. Approximately 12,645,306 shares changed hands during mid-day trading, an increase of 240% from the average daily volume of 3,722,340 shares. The stock had previously closed at GBX 5.49.

IQE Stock Performance

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 has a market capitalization of £59.44 million, a P/E ratio of -1.20, a P/E/G ratio of 12.70 and a beta of 1.86. The business has a fifty day moving average price of GBX 6.99 and a 200-day moving average price of GBX 8.88.

IQE (LON:IQEGet Free Report) last released its quarterly earnings results on Tuesday, September 23rd. The company reported GBX (1.60) earnings per share for the quarter. IQE had a negative net margin of 17.89% and a negative return on equity of 14.21%. On average, sell-side analysts expect that IQE plc will post 0.37 EPS for the current year.

IQE Company Profile

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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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