IQE (LON:IQE) Stock Price Crosses Below 200 Day Moving Average of $27.72

Shares of IQE plc (LON:IQE) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 27.72 ($0.37) and traded as low as GBX 16.80 ($0.22). IQE shares last traded at GBX 16.80 ($0.22), with a volume of 1,282,644 shares trading hands.

IQE Trading Down 1.9 %

The company has a debt-to-equity ratio of 49.21, a current ratio of 1.37 and a quick ratio of 0.97. The company’s 50 day moving average is GBX 26.47 and its two-hundred day moving average is GBX 27.72. The firm has a market cap of £162.43 million, a P/E ratio of -840.00, a PEG ratio of 12.70 and a beta of 1.87.

About IQE

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.