IQE (LON:IQE) Trading 12.1% Higher - What's Next?

Key Points

• IQE plc's stock price surged 12.1% on Monday, reaching a high of GBX 6.08 ($0.08) amid a trading volume that increased 235% compared to its average session volume.
• The company reported a quarterly earnings loss of GBX (1.60) EPS and has a significant negative return on equity of 14.21%.
• IQE plc, a leading supplier of compound semiconductor wafer products, has a market capitalization of £57.97 million and a current ratio of 1.37.

IQE plc (LON:IQE - Get Free Report) shares 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 mid-day 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 Stock Up 12.1%

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's fifty day simple moving average is GBX 7.85 and its 200 day simple moving average is GBX 9.22. The firm has a market capitalization of £57.97 million, a PE ratio of -1.17, 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 data on Tuesday, September 23rd. The company reported GBX (1.60) EPS for the quarter. IQE had a negative return on equity of 14.21% and a negative net margin of 17.89%. Analysts anticipate that IQE plc will post 0.37 earnings per share for the current fiscal year.

About IQE

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

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