IQE plc (LON:IQE – Get Free Report) shot up 12% during mid-day trading on Thursday . The stock traded as high as GBX 7.50 ($0.10) and last traded at GBX 6.90 ($0.09). 23,545,375 shares changed 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 Price Performance
The firm’s 50-day moving average is GBX 7.73 and its 200-day moving average is GBX 9.19. The company has a debt-to-equity ratio of 49.21, a current ratio of 1.37 and a quick ratio of 0.97. The company has a market capitalization of £67.84 million, a P/E ratio of -1.37, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86.
IQE (LON:IQE – Get Free Report) last issued 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%. Analysts predict that IQE plc will post 0.37 EPS for the current fiscal year.
IQE Company Profile
IQE is the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry.
Further Reading
- Five stocks we like better than IQE
- What is a penny stock? A comprehensive guide
- Quanta Services: The Backbone of the AI Data Center Push
- What Does a Stock Split Mean?
- Archer’s Recent String of Victories Signals a New Phase of Growth
- What is a support level?
- 3 Key Stocks Boosting Buybacks Amid Improving Fundamentals
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.
