POET Technologies Inc. (CVE:PTK - Get Free Report)'s stock price was up 17.8% during trading on Thursday . The stock traded as high as C$7.29 and last traded at C$6.95. Approximately 568,531 shares changed hands during trading, an increase of 343% from the average daily volume of 128,302 shares. The stock had previously closed at C$5.90.
POET Technologies Stock Performance
The stock has a market cap of C$359.94 million, a P/E ratio of -7.60 and a beta of 0.48. The company has a debt-to-equity ratio of 1.20, a current ratio of 2.20 and a quick ratio of 5.08. The company has a fifty day moving average of C$5.87 and a 200 day moving average of C$6.31.
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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