IQE (LON:IQE) Stock Passes Above 200-Day Moving Average of $20.81

Shares of IQE plc (LON:IQE) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 20.81 ($0.26) and traded as high as GBX 30.50 ($0.38). IQE shares last traded at GBX 29.70 ($0.37), with a volume of 3,068,050 shares traded.

IQE Stock Down 3.0 %

The company has a quick ratio of 0.97, a current ratio of 1.54 and a debt-to-equity ratio of 32.27. The company has a fifty day moving average price of GBX 23.39 and a 200-day moving average price of GBX 20.81. The stock has a market capitalization of £276.94 million, a P/E ratio of -270.00, a PEG ratio of 12.70 and a beta of 1.90.

IQE Company Profile

IQE plc develops, manufactures, and sells advanced semiconductor materials. The company operates in three segments: Wireless, Photonics, and CMOS++. It manufactures compound semiconductor wafers or epiwafers using epitaxy process; offers wireless products, including GaAs, GaN, and InP-based technologies, as well as Si and Ge-based epitaxial wafer structures; and supplies GaAs HBTs, pHEMTs, and BiFETs/BiHEMTs for use in consumer mobile handsets, connected devices, 5G network infrastructure, WiFi 6, Bluetooth, and satellite communications.