IQE (LON:IQE) Reaches New 52-Week High – What’s Next?

IQE plc (LON:IQEGet Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 21.75 and last traded at GBX 20, with a volume of 101939094 shares changing hands. The stock had previously closed at GBX 16.02.

IQE Stock Down 16.4%

The company has a current ratio of 1.37, a quick ratio of 0.97 and a debt-to-equity ratio of 49.21. The business’s fifty day moving average price is GBX 8.43 and its 200 day moving average price is GBX 7.32. The company has a market capitalization of £163.53 million, a P/E ratio of -3.29, a P/E/G ratio of 12.70 and a beta of 1.86.

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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