Iqe Plc (OTCMKTS:IQEPF – Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $0.6349, but opened at $0.7251. IQE shares last traded at $0.75, with a volume of 1,439,009 shares.
Analyst Upgrades and Downgrades
Separately, Deutsche Bank Aktiengesellschaft began coverage on IQE in a report on Wednesday. They issued a “buy” rating for the company. One research analyst has rated the stock with a Buy rating, According to MarketBeat, IQE currently has a consensus rating of “Buy”.
Get Our Latest Stock Analysis on IQE
IQE Trading Down 8.5%
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.
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