IQE (OTCMKTS:IQEPF) Shares Gap Up – What’s Next?

Iqe Plc (OTCMKTS:IQEPFGet Free Report)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $0.6460, but opened at $0.68. IQE shares last traded at $0.6830, with a volume of 34,500 shares traded.

Analysts Set New Price Targets

A number of analysts recently weighed in on IQEPF shares. Panmure Gordon upgraded shares of IQE to a “buy” rating in a research report on Monday, July 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of IQE in a report on Wednesday, July 22nd. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, IQE currently has a consensus rating of “Buy”.

Read Our Latest Stock Analysis on IQE

IQE Stock Performance

The company has a 50 day moving average of $0.60 and a 200 day moving average of $0.49. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.53 and a current ratio of 0.76.

IQE Company Profile

(Get Free Report)

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.

Further Reading

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.