IQE (LON:IQE) Shares Cross Below 200-Day Moving Average – Here’s Why

IQE plc (LON:IQEGet Free Report)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 7.38 and traded as low as GBX 5.13. IQE shares last traded at GBX 5.58, with a volume of 7,265,228 shares traded.

IQE Trading Up 4.5%

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 capitalization of £57.01 million, a P/E ratio of -1.15, a PEG ratio of 12.70 and a beta of 1.86. The firm has a 50 day simple moving average of GBX 5.21 and a two-hundred day simple moving average of GBX 7.38.

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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