IQE plc (LON:IQE - Get Free Report)'s share price traded up 8.6% on Wednesday . The stock traded as high as GBX 9.96 ($0.13) and last traded at GBX 9.96 ($0.13). 10,690,104 shares were traded during mid-day trading, an increase of 255% from the average session volume of 3,013,253 shares. The stock had previously closed at GBX 9.17 ($0.12).
Wall Street Analysts Forecast Growth
Separately, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 20 ($0.27) price objective on shares of IQE in a research note on Thursday, February 13th.
Read Our Latest Stock Report on IQE
IQE Stock Up 5.2%
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 firm has a market cap of £103.75 million, a P/E ratio of -4.45, a PEG ratio of 12.70 and a beta of 1.86. The stock's 50-day simple moving average is GBX 10.57 and its 200 day simple moving average is GBX 11.87.
IQE (LON:IQE - Get Free Report) last issued its quarterly earnings results on Tuesday, May 13th. The company reported GBX (2.46) (($0.03)) EPS for the quarter. IQE had a negative net margin of 17.89% and a negative return on equity of 14.21%. As a group, research analysts forecast that IQE plc will post 0.37 EPS for the current fiscal year.
About IQE
(
Get Free Report)
IQE is the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider IQE, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and IQE wasn't on the list.
While IQE currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
