IQE (OTCMKTS:IQEPF) Stock Price Up 27.3% – Time to Buy?

IQE plc (OTCMKTS:IQEPFGet Free Report) was up 27.3% on Thursday . The company traded as high as $0.25 and last traded at $0.25. Approximately 409 shares changed hands during mid-day trading, a decline of 95% from the average daily volume of 7,605 shares. The stock had previously closed at $0.19.

IQE Stock Performance

The company has a 50 day moving average of $0.31 and a 200-day moving average of $0.35.

IQE Company Profile

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IQE plc, together with its subsidiaries, develops, manufactures, and sells advanced semiconductor materials. It operates through three segments: Wireless, Photonics, and CMOS++. The company manufactures and sells compound semiconductor materials for the wireless market which includes radio frequency devices for wireless communications, and photonics market, that includes applications that transmit and sense visible and infrared lights, as well as advanced semiconductor materials related to silicon.

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