Iqe Plc (OTCMKTS:IQEPF – Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $0.52, but opened at $0.56. IQE shares last traded at $0.5650, with a volume of 54,485 shares traded.
Analyst Ratings Changes
IQEPF has been the topic of a number of recent analyst reports. Panmure Gordon upgraded shares of IQE to a “buy” rating in a report on Monday. Deutsche Bank Aktiengesellschaft started coverage on shares of IQE in a research note on Wednesday, May 27th. They issued a “buy” rating for the company. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy”.
Read Our Latest Stock Analysis on IQEPF
IQE Stock Down 5.1%
About IQE
IQE plc is a leading global supplier of advanced wafer products and wafer-based material solutions for the semiconductor industry. Headquartered in Cardiff, Wales, the company specializes in the development and manufacturing of epitaxial wafers—ultra-thin layers of compound semiconductor materials—used in a wide range of high-performance electronic and photonic devices.
The company’s product portfolio encompasses key compound semiconductor materials such as indium phosphide, gallium arsenide, gallium nitride and silicon-germanium.
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