Pure Wafer (LON:PUR) had its target price raised by Peel Hunt from GBX 39 ($0.51) to GBX 40 ($0.52) in a research report released on Wednesday morning, ThisIsMoney.Co.Uk reports. The firm currently has a buy rating on the stock.

Pure Wafer stock opened at GBX 35 ($0.46) on Wednesday. Pure Wafer has a fifty-two week low of GBX 30 ($0.39) and a fifty-two week high of GBX 34.50 ($0.45). The company has a debt-to-equity ratio of 3.49, a current ratio of 3.80 and a quick ratio of 3.63. The firm has a 50 day moving average of GBX 32.89.

About Pure Wafer

Pure Wafer plc is a United Kingdom-based holding company. The Company is engaged in provision of silicon wafer reclaim services and the provision of management services to its trading subsidiaries. The Company cleans and polishes silicon wafers (test wafers) sent for reclaim by the semiconductor manufacturers.

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