IQE (LON:IQE) Stock Price Crosses Below 200 Day Moving Average of $27.72

IQE plc (LON:IQE) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 27.72 ($0.37) and traded as low as GBX 16.80 ($0.22). IQE shares last traded at GBX 16.80 ($0.22), with a volume of 1,282,644 shares traded.

IQE Trading Down 1.9 %

The company has a debt-to-equity ratio of 49.21, a quick ratio of 0.97 and a current ratio of 1.37. The firm has a market capitalization of £162.43 million, a P/E ratio of -840.00, a price-to-earnings-growth ratio of 12.70 and a beta of 1.87. The firm has a 50 day moving average price of GBX 26.47 and a two-hundred day moving average price of GBX 27.72.

IQE Company Profile

IQE plc, together with its subsidiaries, develops, manufactures, and sells advanced semiconductor materials. It operates through three segments: Wireless, Photonics, and CMOS++. The company manufactures and sells compound semiconductor materials for the wireless market which includes radio frequency devices for wireless communications, and photonics market, that includes applications that transmit and sense visible and infrared lights, as well as advanced semiconductor materials related to silicon.