POET Technologies Inc. (CVE:PTK - Get Free Report) shares were up 12% on Thursday . The stock traded as high as C$9.94 and last traded at C$9.32. Approximately 324,486 shares changed hands during mid-day trading, an increase of 132% from the average daily volume of 139,695 shares. The stock had previously closed at C$8.32.
POET Technologies Stock Up 2.5%
The company has a current ratio of 2.20, a quick ratio of 5.08 and a debt-to-equity ratio of 1.20. The firm has a market capitalization of C$485.69 million, a PE ratio of -10.25 and a beta of 0.48. The firm has a 50-day moving average of C$6.42 and a two-hundred day moving average of C$6.37.
About POET Technologies
(
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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. 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.
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