Shares of Iqe Plc (OTCMKTS:IQEPF – Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $0.4975, but opened at $0.5280. IQE shares last traded at $0.5780, with a volume of 296,416 shares traded.
Analysts Set New Price Targets
Separately, Deutsche Bank Aktiengesellschaft assumed coverage on shares of IQE in a research report on Wednesday, May 27th. They set a “buy” rating on the stock. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, IQE has a consensus rating of “Buy”.
View Our Latest Analysis on IQEPF
IQE Stock Up 16.6%
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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