Iqe Plc (OTCMKTS:IQEPF – Get Free Report) gapped up prior to trading on Thursday. The stock had previously closed at $0.4702, but opened at $0.5180. IQE shares last traded at $0.5180, with a volume of 2,000 shares changing hands.
Analyst Upgrades and Downgrades
A number of analysts have recently commented on IQEPF shares. Panmure Gordon raised shares of IQE to a “buy” rating in a research note on Monday, July 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of IQE in a research note on Wednesday, July 22nd. Two investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.
Get Our Latest Research Report on IQE
IQE Stock Performance
The business has a fifty day simple moving average of $0.59 and a two-hundred day simple moving average of $0.50. The company has a quick ratio of 1.90, a current ratio of 2.40 and a debt-to-equity ratio of 0.09.
IQE Company Profile
IQE plc is a global semiconductor materials and advanced wafer company headquartered in Cardiff, Wales. The company develops and manufactures epitaxial wafers and other compound semiconductor materials, which are used as the foundation for semiconductor devices and integrated circuits.
Its products support a range of applications, including wireless communications, 5G infrastructure, photonics, optical communications, sensing, consumer electronics, automotive systems, power electronics, and aerospace and defense technologies.
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