POET Technologies Inc. (CVE:PTK - Get Free Report) shares were up 8.4% on Wednesday . The stock traded as high as C$7.64 and last traded at C$7.64. Approximately 92,003 shares traded hands during mid-day trading, a decline of 32% from the average daily volume of 135,891 shares. The stock had previously closed at C$7.05.
POET Technologies Price Performance
The firm's 50-day moving average price is C$6.42 and its two-hundred day moving average price is C$6.40. The stock has a market cap of C$485.69 million, a PE ratio of -10.25 and a beta of 0.48. The company has a current ratio of 2.20, a quick ratio of 5.08 and a debt-to-equity ratio of 1.20.
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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