IQE (OTCMKTS:IQEPF) Shares Gap Up – Time to Buy?

Shares of Iqe Plc (OTCMKTS:IQEPFGet Free Report) gapped up before the market opened on Monday . The stock had previously closed at $0.5256, but opened at $0.5750. IQE shares last traded at $0.5740, with a volume of 577,208 shares traded.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft began coverage on shares of IQE in a report on Wednesday, May 27th. They issued a “buy” rating on the stock. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, IQE currently has an average rating of “Buy”.

View Our Latest Stock Report on IQEPF

IQE Price Performance

The stock has a fifty day moving average price of $0.64 and a two-hundred day moving average price of $0.39.

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.

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