Iqe Plc (OTCMKTS:IQEPF – Get Free Report)’s stock price fell 8% during mid-day trading on Thursday . The company traded as low as $0.5903 and last traded at $0.5903. Approximately 43,250 shares traded hands during trading, a decline of 97% from the average session volume of 1,657,515 shares. The stock had previously closed at $0.6418.
Analysts Set New Price Targets
A number of equities analysts have commented on IQEPF shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of IQE in a research note on Wednesday, July 22nd. Panmure Gordon raised shares of IQE to a “buy” rating in a research note on Monday, July 13th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, IQE presently has a consensus rating of “Buy”.
Get Our Latest Analysis on IQE
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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