Deutsche Bank Aktiengesellschaft Reiterates “Buy” Rating for IQE (LON:IQE)

IQE (LON:IQE)‘s stock had its “buy” rating restated by research analysts at Deutsche Bank Aktiengesellschaft in a note issued to investors on Thursday,Digital Look reports. They currently have a GBX 20 ($0.25) target price on the stock. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential upside of 34.41% from the company’s previous close.

IQE Trading Down 4.1 %

Shares of LON:IQE traded down GBX 0.64 ($0.01) during mid-day trading on Thursday, hitting GBX 14.88 ($0.19). The stock had a trading volume of 3,520,270 shares, compared to its average volume of 3,413,454. The company’s 50 day moving average is GBX 12.57 and its 200-day moving average is GBX 16.87. IQE has a 12-month low of GBX 8.21 ($0.10) and a 12-month high of GBX 37 ($0.46). The company has a debt-to-equity ratio of 49.21, a quick ratio of 0.97 and a current ratio of 1.37. The company has a market cap of £143.87 million, a PE ratio of -744.00, a P/E/G ratio of 12.70 and a beta of 1.86.

IQE Company Profile

IQE is the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry.