IQE (LON:IQE) Reaches New 52-Week High – Still a Buy?

IQE plc (LON:IQE)’s stock price reached 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 trading hands. The stock had previously closed at GBX 16.02.

IQE Trading Up 24.8%

The company has a 50-day moving average price of GBX 7.90 and a two-hundred day moving average price of GBX 7.18. The stock has a market cap of £195.65 million, a P/E ratio of -3.94, a P/E/G ratio of 12.70 and a beta of 1.86. The company has a current ratio of 1.37, a quick ratio of 0.97 and a debt-to-equity ratio of 49.21.

IQE Company Profile

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