Iqe Plc (OTCMKTS:IQEPF – Get Free Report) traded up 11% during trading on Thursday . The company traded as high as $0.56 and last traded at $0.5550. 77,330 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 2,092,903 shares. The stock had previously closed at $0.4998.
Analyst Upgrades and Downgrades
Separately, Deutsche Bank Aktiengesellschaft assumed coverage on shares of IQE in a research note on Wednesday, May 27th. They issued a “buy” rating for the company. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.
View Our Latest Report on IQEPF
IQE Trading Up 8.8%
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.
Featured Stories
- Five stocks we like better than IQE
- Why Levi’s Digital Strategy Is Paying Off in a Big Way
- Constellation Brands: Beer Growth and Buybacks Mask Stock’s Slump
- Lockheed Martin Secures the Ultimate Defense Moat
- Grounded: SpaceX Stumbles as Grok Fails to Ignite
Receive News & Ratings for IQE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IQE and related companies with MarketBeat.com's FREE daily email newsletter.
