IQE (LON:IQE) Shares Cross Below 200 Day Moving Average – Here’s What Happened

IQE plc (LON:IQE)’s share price 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.

IQE Trading Up 0.8 %

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 stock has a fifty day moving average of GBX 12.55 and a 200 day moving average of GBX 21.78. The company has a market capitalization of £100.36 million, a P/E ratio of -519.00, a PEG ratio of 12.70 and a beta of 1.86.

IQE Company Profile

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.