POET Technologies Inc. (CVE:PTK - Get Free Report)'s stock price was up 27.8% on Monday . The company traded as high as C$1.93 and last traded at C$1.84. Approximately 66,978 shares changed hands during mid-day trading, an increase of 2% from the average daily volume of 65,726 shares. The stock had previously closed at C$1.44.
POET Technologies Stock Up 19.4 %
The stock has a market cap of C$81.85 million, a PE ratio of -2.46 and a beta of 0.55. The company has a debt-to-equity ratio of 11.00, a quick ratio of 5.08 and a current ratio of 1.25. The company's 50-day moving average price is C$1.75 and its 200 day moving average price is C$1.92.
POET Technologies (CVE:PTK - Get Free Report) last released its earnings results on Friday, March 15th. The company reported C($0.18) earnings per share (EPS) for the quarter, hitting the consensus estimate of C($0.18). The firm had revenue of C$0.15 million during the quarter. As a group, analysts forecast that POET Technologies Inc. will post -0.79625 EPS for the current fiscal year.
POET Technologies Company Profile
(
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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.
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