Iqe Plc (OTCMKTS:IQEPF – Get Free Report)’s share price was up 11.8% during trading on Monday . The company traded as high as $0.71 and last traded at $0.71. Approximately 621,843 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 2,023,039 shares. The stock had previously closed at $0.6350.
Wall Street Analysts Forecast Growth
Separately, Deutsche Bank Aktiengesellschaft started coverage on shares of IQE in a research note on Wednesday, May 27th. They issued a “buy” rating for the company. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy”.
View Our Latest Research Report on IQE
IQE Price 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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