Shares of Iqe Plc (OTCMKTS:IQEPF – Get Free Report) traded up 8.2% during trading on Monday . The stock traded as high as $0.6990 and last traded at $0.6990. Approximately 479,187 shares traded hands during mid-day trading, a decline of 73% from the average session volume of 1,807,514 shares. The stock had previously closed at $0.6460.
Wall Street Analysts Forecast Growth
Several equities analysts have commented on IQEPF shares. Panmure Gordon upgraded shares of IQE to a “buy” rating in a research note on Monday, July 13th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of IQE in a report on Wednesday, July 22nd. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, IQE currently has an average rating of “Buy”.
Read Our Latest Analysis on IQEPF
IQE Stock Performance
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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