Iqe Plc (OTCMKTS:IQEPF – Get Free Report) shares 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 trading hands.
Analyst Upgrades and Downgrades
Separately, Deutsche Bank Aktiengesellschaft initiated coverage on shares of IQE in a research note on Wednesday, May 27th. They issued a “buy” rating on the stock. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy”.
Check Out Our Latest Stock Report on IQE
IQE Stock Performance
IQE Company Profile
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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