IQE (LON:IQE) Stock Price Up 12.1% - Still a Buy?

Key Points

• % Increase: IQE plc's stock rose by 12.1%, with shares trading as high as GBX 6.08 ($0.08) during Monday's trading session.
• Market Capitalization: The company has a market cap of £57.97 million, alongside a negative P/E ratio of -1.17.
• Quarterly Earnings: IQE reported an EPS of GBX (1.60) for the last quarter, with analysts forecasting an EPS of 0.37 for the current fiscal year.

IQE plc (LON:IQE - Get Free Report) rose 12.1% during trading on Monday . The company traded as high as GBX 6.08 ($0.08) and last traded at GBX 5.93 ($0.08). Approximately 11,606,038 shares were traded during trading, an increase of 235% from the average daily volume of 3,462,637 shares. The stock had previously closed at GBX 5.29 ($0.07).

IQE Price Performance

The stock has a market cap of £57.97 million, a P/E ratio of -1.17, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86. The firm has a 50-day moving average price of GBX 7.85 and a 200-day moving average price of GBX 9.22. The company has a debt-to-equity ratio of 49.21, a quick ratio of 0.97 and a current ratio of 1.37.

IQE (LON:IQE - Get Free Report) last released its quarterly earnings results on Tuesday, September 23rd. The company reported GBX (1.60) earnings per share (EPS) for the quarter. IQE had a negative return on equity of 14.21% and a negative net margin of 17.89%. On average, analysts forecast that IQE plc will post 0.37 earnings per share 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.

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