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IQE (LON:IQE) Stock Price Passes Below Two Hundred Day Moving Average - Here's What Happened

IQE logo with Computer and Technology background

IQE plc (LON:IQE - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 10.59 ($0.14) and traded as low as GBX 8.62 ($0.12). IQE shares last traded at GBX 8.80 ($0.12), with a volume of 1,973,203 shares.

IQE Trading Down 2.8%

The business's 50 day simple moving average is GBX 9.55 and its two-hundred day simple moving average is GBX 10.54. The stock has a market cap of £83.53 million, a P/E ratio of -217.17, a PEG 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.

IQE Company Profile

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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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