IQE (LON:IQE) Stock Passes Below 200-Day Moving Average – Here’s Why

IQE plc (LON:IQEGet Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 20.75 ($0.26) and traded as low as GBX 10.94 ($0.14). IQE shares last traded at GBX 11.10 ($0.14), with a volume of 703,195 shares.

IQE Stock Down 0.9 %

The company has a quick ratio of 0.97, a current ratio of 1.37 and a debt-to-equity ratio of 49.21. The business has a 50-day simple moving average of GBX 11.69 and a 200-day simple moving average of GBX 20.68. The company has a market cap of £106.36 million, a PE ratio of -550.00, a P/E/G ratio of 12.70 and a beta of 1.86.

About IQE

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

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