Shares of Iqe Plc (OTCMKTS:IQEPF – Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $0.65, but opened at $0.6190. IQE shares last traded at $0.6301, with a volume of 16,570 shares trading hands.
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft began coverage on IQE in a research note on Wednesday, May 27th. They issued a “buy” rating for the company. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy”.
Get Our Latest Research Report on IQE
IQE Trading Up 5.0%
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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