POET Technologies (CVE:PTK) Trading 18.9% Higher

POET Technologies Inc. (CVE:PTKGet Free Report) was up 18.9% on Thursday . The stock traded as high as C$1.85 and last traded at C$1.76. Approximately 98,555 shares changed hands during trading, an increase of 47% from the average daily volume of 67,075 shares. The stock had previously closed at C$1.48.

POET Technologies Price Performance

The company has a 50-day moving average of C$1.72 and a two-hundred day moving average of C$2.39. The company has a debt-to-equity ratio of 4.86, a current ratio of 2.98 and a quick ratio of 5.08. The stock has a market capitalization of C$90.42 million, a PE ratio of -2.22 and a beta of 0.60.

POET Technologies Company Profile

(Get Free Report)

POET Technologies Inc designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, Singapore, and China. It 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.

Further Reading

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.