POET Technologies Inc. (CVE:PTK - Get Free Report) traded down 5.1% during trading on Monday . The company traded as low as C$7.00 and last traded at C$7.31. 107,447 shares changed hands during mid-day trading, a decline of 20% from the average session volume of 134,988 shares. The stock had previously closed at C$7.70.
POET Technologies Price Performance
The firm has a market capitalization of C$358.95 million, a price-to-earnings ratio of -7.58 and a beta of 0.48. The company's 50 day moving average is C$6.18 and its 200 day moving average is C$6.35. The company has a quick ratio of 5.08, a current ratio of 2.20 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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