Shares of IQE plc (LON:IQE - Get Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 12.70 ($0.17) and traded as low as GBX 9.01 ($0.12). IQE shares last traded at GBX 9.23 ($0.12), with a volume of 2,481,241 shares traded.
Wall Street Analysts Forecast Growth
Separately, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 20 ($0.27) target price on shares of IQE in a research note on Thursday, February 13th.
Read Our Latest Research Report on IQE
IQE Stock Performance
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 simple moving average of GBX 11.59 and a two-hundred day simple moving average of GBX 12.38. The firm has a market cap of £90.98 million, a PE ratio of -3.90, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86.
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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