IQE (LON:IQE) Stock Passes Below 200-Day Moving Average – What’s Next?

IQE plc (LON:IQEGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred 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 traded.

IQE Stock Up 0.8 %

The firm has a market cap of £100.36 million, a PE ratio of -519.00, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86. 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 moving average price of GBX 12.55 and a two-hundred day moving average price of GBX 21.72.

About IQE

(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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