IQE (LON:IQE) Shares Cross Below 200-Day Moving Average – Should You Sell?

Shares of IQE plc (LON:IQEGet Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 8.73 and traded as low as GBX 5.13. IQE shares last traded at GBX 5.25, with a volume of 2,986,769 shares changing hands.

IQE Price Performance

The company has a 50 day simple moving average of GBX 6.52 and a 200 day simple moving average of GBX 8.68. The company has a market capitalization of £49.46 million, a price-to-earnings ratio of -1.00, a price-to-earnings-growth 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 (LON:IQEGet Free Report) last released its quarterly earnings data on Tuesday, September 23rd. The company reported GBX (1.60) earnings per share for the quarter. IQE had a negative net margin of 17.89% and a negative return on equity of 14.21%. As a group, research analysts predict that IQE plc will post 0.37 EPS for the current year.

About IQE

(Get Free Report)

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

Further Reading

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