IQE (LON:IQE) Share Price Passes Below 200 Day Moving Average – Here’s What Happened

IQE plc (LON:IQEGet Free Report)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 27.03 ($0.35) and traded as low as GBX 14.50 ($0.19). IQE shares last traded at GBX 14.60 ($0.19), with a volume of 2,087,446 shares changing hands.

IQE Stock Down 1.7 %

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’s 50-day moving average is GBX 20.51 and its two-hundred day moving average is GBX 27.03. The stock has a market cap of £141.17 million, a P/E ratio of -730.00, a PEG ratio of 12.70 and a beta of 1.86.

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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