IQE (LON:IQE) Stock Passes Below Two Hundred Day Moving Average – Should You Sell?

IQE plc (LON:IQEGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 21.78 ($0.27) and traded as low as GBX 10.02 ($0.13). IQE shares last traded at GBX 10.38 ($0.13), with a volume of 2,716,073 shares trading hands.

IQE Stock Performance

The company has a market capitalization of £100.36 million, a P/E ratio of -519.00, a P/E/G ratio of 12.70 and a beta of 1.86. The company’s fifty day moving average is GBX 12.55 and its 200 day moving average is GBX 21.78. 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 Company Profile

(Get Free Report)

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.

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