IQE (LON:IQE) Stock Price Passes Below 200 Day Moving Average – Time to Sell?

IQE plc (LON:IQEGet Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 27.03 ($0.35) and traded as low as GBX 14.50 ($0.19). IQE shares last traded at GBX 14.60 ($0.19), with a volume of 2,087,446 shares trading hands.

IQE Stock Performance

The stock has a market cap of £120.48 million, a P/E ratio of -623.00, a PEG ratio of 12.70 and a beta of 1.86. 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 fifty day moving average of GBX 19.61 and a 200 day moving average of GBX 26.71.

IQE Company Profile

(Get Free Report)

IQE plc, together with its subsidiaries, develops, manufactures, and sells advanced semiconductor materials. It operates through three segments: Wireless, Photonics, and CMOS++. The company manufactures and sells compound semiconductor materials for the wireless market which includes radio frequency devices for wireless communications, and photonics market, that includes applications that transmit and sense visible and infrared lights, as well as advanced semiconductor materials related to silicon.

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