IQE (LON:IQE) Stock Price Crosses Below 200 Day Moving Average - What's Next?

IQE plc (LON:IQE - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 11.53 ($0.15) and traded as low as GBX 9.94 ($0.13). IQE shares last traded at GBX 9.98 ($0.13), with a volume of 2,226,501 shares traded.

IQE Stock Down 0.4%

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 market cap of £98.01 million, a price-to-earnings ratio of -4.21, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86. The firm has a 50-day moving average price of GBX 10.39 and a two-hundred day moving average price of GBX 11.50.

IQE (LON:IQE - Get Free Report) last issued its earnings results on Tuesday, May 13th. The company reported GBX (2.46) (($0.03)) earnings per share for the quarter. IQE had a negative return on equity of 14.21% and a negative net margin of 17.89%. On average, sell-side analysts forecast that IQE plc will post 0.37 earnings per share for the current year.

IQE Company Profile

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