IQE (LON:IQE) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

IQE plc (LON:IQEGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 9.77 ($0.13) and traded as low as GBX 7.55 ($0.10). IQE shares last traded at GBX 7.70 ($0.10), with a volume of 4,849,845 shares trading hands.

IQE Stock Performance

The company has a debt-to-equity ratio of 49.21, a current ratio of 1.37 and a quick ratio of 0.97. The company has a market capitalization of £77.17 million, a price-to-earnings ratio of -200.63, a PEG ratio of 12.70 and a beta of 1.86. The stock has a 50 day simple moving average of GBX 8.70 and a two-hundred day simple moving average of GBX 9.77.

IQE (LON:IQEGet Free Report) last posted its quarterly earnings results 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, analysts anticipate that IQE plc will post 0.37 earnings per share for the current year.

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.

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