Iqe Plc (OTCMKTS:IQEPF – Get Free Report)’s stock price fell 6.2% during mid-day trading on Friday . The company traded as low as $0.6010 and last traded at $0.61. 160,507 shares traded hands during trading, a decline of 92% from the average session volume of 2,093,034 shares. The stock had previously closed at $0.65.
Wall Street Analysts Forecast Growth
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 analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy”.
View Our Latest Stock Analysis on IQE
IQE Trading Down 5.5%
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.
Featured Stories
- Five stocks we like better than IQE
- Rocket Lab’s NASA Win Tests Key Support After Sharp Pullback
- AST SpaceMobile Just Nailed a Major Launch—So Why Is the Stock Crashing?
- Palantir’s Valuation Problem Just Met 2 New Growth Catalysts
- Xcel Energy Stock Offers Stability as Electricity Demand Builds
Receive News & Ratings for IQE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IQE and related companies with MarketBeat.com's FREE daily email newsletter.
