IQE (LON:IQE) Trading 12.1% Higher - Should You Buy?

Key Points

• IQE's stock price surged 12.1% during trading, reaching a high of GBX 6.08 ($0.08) from a previous close of GBX 5.29 ($0.07).
• The company's latest earnings report showed a loss of GBX (1.60) per share, with negative margins and return on equity.
• IQE has a market capitalization of £57.97 million and a debt-to-equity ratio of 49.21, indicating significant financial leverage.

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

IQE Trading Up 12.1%

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 stock has a market capitalization of £57.97 million, a PE ratio of -1.17, a PEG ratio of 12.70 and a beta of 1.86. The stock's 50 day simple moving average is GBX 7.85 and its two-hundred day simple moving average is GBX 9.22.

IQE (LON:IQE - Get Free Report) last released its 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%. On average, sell-side analysts expect that IQE plc will post 0.37 EPS for the current 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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