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

IQE logo with Computer and Technology background

IQE plc (LON:IQE - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 25.85 ($0.33) and traded as low as GBX 11.28 ($0.15). IQE shares last traded at GBX 11.40 ($0.15), with a volume of 2,611,599 shares.

IQE Stock Performance

The firm has a fifty day moving average price of GBX 17.08 and a 200 day moving average price of GBX 25.74. The company has a current ratio of 1.37, a quick ratio of 0.97 and a debt-to-equity ratio of 49.21. The firm has a market cap of £100.56 million, a PE ratio of -550.00, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86.

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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