Iqe Plc (OTCMKTS:IQEPF – Get Free Report) gapped up before the market opened on Wednesday. The stock had previously closed at $0.5190, but opened at $0.5450. IQE shares last traded at $0.5450, with a volume of 1,500 shares changing hands.
Analysts Set New Price Targets
Several research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of IQE in a research report on Wednesday, July 22nd. Panmure Gordon raised IQE to a “buy” rating in a research report on Monday, July 13th. Two equities research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, IQE presently has a consensus rating of “Buy”.
Read Our Latest Stock Report on IQEPF
IQE Stock Up 3.2%
The company has a debt-to-equity ratio of 0.09, a current ratio of 2.40 and a quick ratio of 1.90. The stock has a 50-day moving average price of $0.62 and a two-hundred day moving average price of $0.61.
IQE Company Profile
IQE plc is a semiconductor materials and technology company that develops and manufactures advanced epitaxial wafer products. Its materials are used as the foundation for semiconductor devices, helping customers produce components with specific electrical, optical and performance characteristics.
The company supplies compound semiconductor materials and related products for applications including wireless communications, photonics, consumer electronics, automotive systems, high-performance computing and data centers.
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