Iqe Plc (OTCMKTS:IQEPF – Get Free Report)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $0.4940, but opened at $0.60. IQE shares last traded at $0.5966, with a volume of 182,966 shares changing hands.
Wall Street Analyst Weigh In
A number of brokerages have commented on IQEPF. Deutsche Bank Aktiengesellschaft began coverage on shares of IQE in a report on Wednesday, May 27th. They set a “buy” rating on the stock. Panmure Gordon raised shares of IQE to a “buy” rating in a research note on Monday, July 13th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy”.
View Our Latest Stock Report on IQEPF
IQE Stock 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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