Iqe Plc (OTCMKTS:IQEPF – Get Free Report) was down 6% during trading on Friday . The company traded as low as $0.63 and last traded at $0.63. Approximately 102,207 shares traded hands during trading, a decline of 94% from the average daily volume of 1,817,900 shares. The stock had previously closed at $0.67.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on IQEPF shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of IQE in a research report on Wednesday, July 22nd. Panmure Gordon upgraded IQE to a “buy” rating in a research report on Monday, July 13th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.
Read Our Latest Stock Analysis on IQEPF
IQE Stock Down 5.9%
IQE Company Profile
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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