Iqe Plc (OTCMKTS:IQEPF – Get Free Report) shares traded down 11.7% on Thursday . The company traded as low as $0.5410 and last traded at $0.5410. Approximately 2,007,894 shares changed hands during mid-day trading, a decline of 3% from the average daily volume of 2,073,861 shares. The stock had previously closed at $0.6125.
Analysts Set New Price Targets
Separately, Deutsche Bank Aktiengesellschaft started coverage on IQE in a report on Wednesday, May 27th. They set a “buy” rating on the stock. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, IQE currently has an average rating of “Buy”.
Read Our Latest Research Report on IQEPF
IQE Stock Down 14.3%
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.
See Also
- Five stocks we like better than IQE
- Shorting the Grid: Bloom Energy’s $25B AI Power Play
- SanDisk’s Volatility May Be Telling Bulls What They Want to Hear
- Meta’s AI Compute Push Could Turn Its Massive CapEx Bill Into a Competitive Weapon
- 3 Dividend ETFs Built for Stability in a Volatile Market
Receive News & Ratings for IQE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IQE and related companies with MarketBeat.com's FREE daily email newsletter.
