Shares of Iqe Plc (OTCMKTS:IQEPF – Get Free Report) saw unusually-strong trading volume on Monday . Approximately 1,432,004 shares changed hands during trading, a decline of 31% from the previous session’s volume of 2,072,144 shares.The stock last traded at $0.7765 and had previously closed at $0.6560.
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft started coverage on shares of IQE in a research note on Wednesday, May 27th. They set a “buy” rating on the stock. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy”.
View Our Latest Report on IQEPF
IQE Trading Up 18.9%
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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