IQE plc (LON:IQE) insider Howard Robert Williams sold 3,174,470 shares of the firm’s stock in a transaction that occurred on Friday, April 12th. The stock was sold at an average price of GBX 68 ($0.89), for a total transaction of £2,158,639.60 ($2,820,644.98).
IQE stock opened at GBX 71.10 ($0.93) on Wednesday. IQE plc has a one year low of GBX 55 ($0.72) and a one year high of GBX 131.90 ($1.72). The firm has a market capitalization of $553.00 million and a PE ratio of 711.00.
Several equities research analysts have recently commented on IQE shares. Peel Hunt reiterated a “buy” rating on shares of IQE in a research note on Wednesday, March 20th. Deutsche Bank reissued a “hold” rating on shares of IQE in a research note on Monday. Finally, Barclays restated an “overweight” rating on shares of IQE in a research report on Thursday, January 17th.
IQE Company Profile
IQE plc develops, manufactures, and sells advanced semiconductor materials worldwide. The company operates through Wireless, Photonics, Infra-Red, and CMOS++ segments. It manufactures compound semiconductor wafers or epiwafers using epitaxy process; and offers various products, including HBTs, pHEMTs, BiFETs/BiHEMTs, HFETs, LMHEMTs, LNHEMTs, and MESFETs for use in wireless devices, such as mobile phones, smartphones, mobile networks, Wi-Fi, smart metering, satellite navigation, and a plethora of connected devices.
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