Iqe Plc (OTCMKTS:IQEPF – Get Free Report)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $0.7425, but opened at $0.65. IQE shares last traded at $0.65, with a volume of 400,568 shares traded.
Analyst Upgrades and Downgrades
Separately, Deutsche Bank Aktiengesellschaft initiated coverage on IQE in a research note on Wednesday, May 27th. They issued a “buy” rating on the stock. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, IQE has a consensus rating of “Buy”.
Read Our Latest Analysis on IQE
IQE Price Performance
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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