IQE (OTCMKTS:IQEPF) Shares Gap Up – Still a Buy?

Iqe Plc (OTCMKTS:IQEPFGet Free Report) gapped up before the market opened on Friday . The stock had previously closed at $0.5489, but opened at $0.6147. IQE shares last traded at $0.5780, with a volume of 28,000 shares trading hands.

Analyst Ratings Changes

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

Read Our Latest Stock Analysis on IQEPF

IQE Stock Performance

The company has a debt-to-equity ratio of 0.02, a current ratio of 0.76 and a quick ratio of 0.53. The firm has a fifty day moving average of $0.60 and a 200-day moving average of $0.56.

About IQE

(Get Free Report)

IQE plc is a global semiconductor materials company specializing in the design and manufacture of advanced semiconductor wafers and substrate materials. The company uses epitaxy, a process that deposits highly controlled crystalline layers onto semiconductor wafers, to produce materials with properties tailored for specific electronic and optoelectronic applications.

Its products support a range of markets, including wireless communications, consumer electronics, photonics, optical communications, sensing, high-performance computing, and automotive technologies.

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