Shares of Iqe Plc (OTCMKTS:IQEPF – Get Free Report) 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 trading hands.
Wall Street Analysts Forecast Growth
Several research analysts have recently issued reports on IQEPF shares. Deutsche Bank Aktiengesellschaft assumed coverage on IQE in a research report on Wednesday, May 27th. They issued a “buy” rating on the stock. Panmure Gordon upgraded IQE to a “buy” rating in a report on Monday, July 13th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy”.
Read Our Latest Stock Analysis on IQEPF
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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