Iqe Plc (OTCMKTS:IQEPF – Get Free Report)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $0.7676, but opened at $0.7190. IQE shares last traded at $0.65, with a volume of 713,840 shares.
Analyst Upgrades and Downgrades
Separately, Deutsche Bank Aktiengesellschaft assumed coverage on shares of IQE in a report on Wednesday. They set a “buy” rating for the company. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently 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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