IQE (LON:IQE) Shares Up 10.8% – Here’s Why

IQE plc (LON:IQEGet Free Report) shares shot up 10.8% on Monday . The company traded as high as GBX 54.50 and last traded at GBX 52.20. 166,682,547 shares changed hands during trading, an increase of 398% from the average session volume of 33,465,555 shares. The stock had previously closed at GBX 47.10.

IQE Stock Performance

The company has a debt-to-equity ratio of 81.86, a current ratio of 1.17 and a quick ratio of 0.97. The firm has a market capitalization of £501.98 million, a P/E ratio of -10.09, a P/E/G ratio of 12.70 and a beta of 2.22. The stock’s 50 day moving average is GBX 35.55 and its two-hundred day moving average is GBX 17.22.

IQE Company Profile

(Get Free Report)

IQE is the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry.

Recommended Stories

Receive News & Ratings for IQE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IQE and related companies with MarketBeat.com's FREE daily email newsletter.