IQE plc (LON:IQE - Get Free Report)'s stock price rose 11.4% during trading on Thursday . The stock traded as high as GBX 11.44 ($0.15) and last traded at GBX 11.10 ($0.15). Approximately 11,298,786 shares changed hands during mid-day trading, an increase of 264% from the average daily volume of 3,103,313 shares. The stock had previously closed at GBX 9.96 ($0.13).
Analysts Set New Price Targets
Separately, Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 20 ($0.27) price objective on shares of IQE in a research note on Thursday, February 13th.
View Our Latest Stock Report on IQE
IQE Price Performance
The company has a current ratio of 1.37, a quick ratio of 0.97 and a debt-to-equity ratio of 49.21. The firm has a market cap of £106.13 million, a PE ratio of -4.55, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86. The stock has a 50 day simple moving average of GBX 10.44 and a 200-day simple moving average of GBX 11.83.
IQE (LON:IQE - Get Free Report) last issued its quarterly earnings results on Tuesday, May 13th. The company reported GBX (2.46) (($0.03)) 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%. Equities analysts anticipate that IQE plc will post 0.37 earnings per share 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.
Recommended Stories
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
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
