POET Technologies Inc. (CVE:PTK - Get Free Report) shares shot up 8.4% during trading on Wednesday . The stock traded as high as C$7.64 and last traded at C$7.64. 92,003 shares were traded during mid-day trading, a decline of 32% from the average session volume of 135,891 shares. The stock had previously closed at C$7.05.
POET Technologies Stock Performance
The business has a 50-day moving average of C$6.34 and a 200-day moving average of C$6.39. The company has a market capitalization of C$473.81 million, a P/E ratio of -10.00 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.
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. 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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