Shares of Iqe Plc (OTCMKTS:IQEPF – Get Free Report) gapped up before the market opened 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.
Analysts Set New Price Targets
Several equities analysts have issued reports on the stock. Panmure Gordon raised shares of IQE to a “buy” rating in a report on Monday, July 13th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of IQE in a report on Wednesday, July 22nd. Two research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, IQE has an average rating of “Buy”.
Read Our Latest Stock Report on IQE
IQE Stock Up 1.5%
The company has a debt-to-equity ratio of 0.09, a current ratio of 2.40 and a quick ratio of 1.90. The business’s 50 day moving average is $0.60 and its 200 day moving average is $0.50.
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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