Shares of Iqe Plc (OTCMKTS:IQEPF – Get Free Report) were up 10.3% on Monday . The stock traded as high as $0.64 and last traded at $0.64. Approximately 1,439,668 shares changed hands during mid-day trading, a decline of 31% from the average daily volume of 2,076,851 shares. The stock had previously closed at $0.58.
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft initiated coverage on IQE in a report on Wednesday, May 27th. They issued a “buy” rating for the company. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy”.
Get Our Latest Stock Analysis on IQE
IQE Price Performance
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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