POET Technologies Inc. (CVE:PTK - Get Free Report)'s share price traded up 10% during mid-day trading on Monday . The company traded as high as C$6.28 and last traded at C$6.27. 98,435 shares changed hands during trading, a decline of 28% from the average session volume of 137,528 shares. The stock had previously closed at C$5.70.
POET Technologies Stock Up 7.9 %
The company's 50-day moving average price is C$5.44 and its 200 day moving average price is C$6.28. 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 stock has a market cap of C$298.54 million, a PE ratio of -6.30 and a beta of 0.48.
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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