Shares of Iqe Plc (OTCMKTS:IQEPF – Get Free Report) rose 8.2% on Monday . The stock traded as high as $0.6990 and last traded at $0.6990. 479,187 shares were traded during trading, a decline of 73% from the average daily volume of 1,807,514 shares. The stock had previously closed at $0.6460.
Wall Street Analysts Forecast Growth
IQEPF has been the topic of a number of research analyst reports. Panmure Gordon raised shares of IQE to a “buy” rating in a research note on Monday, July 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of IQE in a research report on Wednesday, July 22nd. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy”.
Check Out 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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