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

IQE (LON:IQE)‘s stock had its “buy” rating reiterated by stock analysts at Deutsche Bank Aktiengesellschaft in a report released on Thursday, Marketbeat Ratings reports. They presently have a GBX 20 ($0.25) price objective on the stock. Deutsche Bank Aktiengesellschaft’s price objective suggests a potential upside of 35.50% from the company’s previous close.

IQE Stock Performance

Shares of IQE stock opened at GBX 14.76 ($0.19) on Thursday. The firm has a market cap of £146.12 million, a P/E ratio of -6.27, a P/E/G ratio of 12.70 and a beta of 1.86. The company has a current ratio of 1.37, a quick ratio of 0.97 and a debt-to-equity ratio of 49.21. IQE has a 12 month low of GBX 8.21 ($0.10) and a 12 month high of GBX 37 ($0.47). The stock’s fifty day moving average price is GBX 12.61 and its 200-day moving average price is GBX 16.86.

IQE Company Profile

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