IQE plc (LON:IQE - Get Free Report) was up 17.4% during trading on Friday . The stock traded as high as GBX 15.98 ($0.20) and last traded at GBX 15.50 ($0.19). Approximately 14,424,722 shares were traded during mid-day trading, an increase of 374% from the average daily volume of 3,041,568 shares. The stock had previously closed at GBX 13.20 ($0.16).

The company has a market cap of £149.87 million, a PE ratio of -775.00, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86. The business has a fifty day simple moving average of GBX 11.49 and a two-hundred day simple moving average of GBX 18.65. The company has a current ratio of 1.37, a quick ratio of 0.97 and a debt-to-equity ratio of 49.21.

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

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 [email protected].

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.