Free Trial

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

IQE logo with Computer and Technology background

Key Points

  • IQE plc's shares fell below their 200-day moving average, trading as low as GBX 7.09 ($0.10) on Tuesday.
  • The company has a market capitalization of £73.43 million and a PE ratio of -190.91.
  • IQE is a leading supplier of compound semiconductor wafer products for the global semiconductor industry.
  • MarketBeat previews the top five stocks to own by October 1st.

IQE plc (LON:IQE - Get Free Report) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 10.14 ($0.14) and traded as low as GBX 7.09 ($0.10). IQE shares last traded at GBX 7.50 ($0.10), with a volume of 4,748,680 shares traded.

IQE Trading Down 0.3%

The firm has a market capitalization of £75.57 million, a P/E ratio of -196.46, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86. 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 firm has a 50 day moving average price of GBX 9.07 and a two-hundred day moving average price of GBX 10.04.

IQE Company Profile

(Get Free Report)

IQE is the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry.

Featured Articles

Should You Invest $1,000 in IQE Right Now?

Before you consider IQE, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and IQE wasn't on the list.

While IQE currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report
Like this article? Share it with a colleague.