Shares of POET Technologies Inc. (CVE:PTK - Get Free Report) were down 1.7% during mid-day trading on Monday . The stock traded as low as C$7.05 and last traded at C$7.11. Approximately 211,451 shares were traded during mid-day trading, an increase of 57% from the average daily volume of 134,977 shares. The stock had previously closed at C$7.23.
POET Technologies Stock Performance
The firm has a market cap of C$352.01 million, a P/E ratio of -7.43 and a beta of 0.48. The company has a debt-to-equity ratio of 1.20, a quick ratio of 5.08 and a current ratio of 2.20. The business's 50-day simple moving average is C$5.99 and its 200 day simple moving average is C$6.32.
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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