IQE (LON:IQE) Shares Up 12% – Time to Buy?

IQE plc (LON:IQEGet Free Report)’s share price traded up 12% during trading on Thursday . The company traded as high as GBX 7.50 ($0.10) and last traded at GBX 6.90 ($0.09). 23,545,375 shares traded hands during trading, an increase of 554% from the average session volume of 3,598,510 shares. The stock had previously closed at GBX 6.16 ($0.08).

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 company has a market cap of £67.74 million, a P/E ratio of -1.36, a P/E/G ratio of 12.70 and a beta of 1.86. The business has a fifty day moving average of GBX 7.73 and a 200 day moving average of GBX 9.19.

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

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.

Further Reading

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