POET Technologies Inc. (CVE:PTK – Get Free Report)’s stock price rose 14.6% during trading on Monday . The stock traded as high as C$5.20 and last traded at C$4.87. Approximately 313,729 shares were traded during mid-day trading, an increase of 197% from the average daily volume of 105,738 shares. The stock had previously closed at C$4.25.
POET Technologies Stock Performance
The company’s 50 day moving average is C$4.05 and its 200 day moving average is C$3.06. The firm has a market cap of C$396.22 million, a P/E ratio of -5.90 and a beta of 0.42. The company has a debt-to-equity ratio of 1.63, a quick ratio of 5.08 and a current ratio of 6.71.
POET Technologies (CVE:PTK – Get Free Report) last announced its earnings results on Wednesday, August 14th. The company reported C($0.19) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.12) by C($0.07). As a group, equities analysts predict that POET Technologies Inc. will post -0.79625 earnings per share for the current fiscal year.
POET Technologies Company Profile
POET Technologies Inc designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, Singapore, and China. The company offers integration solutions based on the POET Optical Interposer, a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module using advanced wafer-level semiconductor manufacturing techniques.
See Also
- Five stocks we like better than POET Technologies
- Stock Sentiment Analysis: How it Works
- The Average 401k Balance by Age Explained
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- 3 Uranium Stocks To Gain as Microsoft Goes Nuclear to Power AI
- Investing in Travel Stocks Benefits
- Biotech Boom Ahead? Key Stocks and ETFs to Watch Now
Receive News & Ratings for POET Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for POET Technologies and related companies with MarketBeat.com's FREE daily email newsletter.