POET Technologies (PTK) Stock Price, News & Analysis

Company Overview

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. It also develops photonic integrated components. The company serves the data center, telecommunications, Internet of things and industrial sensing, automotive LIDAR, optical coherence tomography for medical devices, and virtual reality systems markets. The company was formerly known as Opel Technologies Inc. and changed its name to POET Technologies Inc. in June 2013. POET Technologies Inc. was incorporated in 1972 and is headquartered in Toronto, Canada.

Key Stats

• Today's Range: C$7.29 to C$7.66
• 50-Day Range: C$7.38 to C$7.38
• 52-Week Range: C$3.57 to C$10.53
• Volume: 152,071 shs
• Average Volume: 156,992 shs
• Market Capitalization: C$669.51 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Strong Buy

POET Technologies Stock Analysis - MarketRank™

POET Technologies scored higher than 1% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.2 / 5
• Analyst Rating: Strong Buy

Amount of Analyst Coverage

POET Technologies has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of POET Technologies is -9.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of POET Technologies is -9.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

POET Technologies has a P/B Ratio of 12.12. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for PTK.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

POET Technologies does not currently pay a dividend.

Dividend Growth

POET Technologies does not have a long track record of dividend growth.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: N/A

News Sentiment

POET Technologies has a news sentiment score of 0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 1 news article for POET Technologies this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, POET Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$3,679,976.00 in company stock.

Percentage Held by Insiders

0.82% of the stock of POET Technologies is held by insiders.

Percentage Held by Institutions

0.06% of the stock of POET Technologies is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Technology
• Industry: Semiconductors & Semiconductor Equipment
• Sub-Industry: Semiconductors
• Current Symbol: CVE:PTK
• CIK: N/A
• Web: www.poet-technologies.com
• Phone: +1-416-3689411
• Fax: N/A
• Employees: 53
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): C($0.81)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -C$33.18 million
• Net Margins: -2,509.44%
• Pretax Margin: N/A
• Return on Equity: -26.70%
• Return on Assets: -66.27%

Debt

• Debt-to-Equity Ratio: 14.84
• Current Ratio: 1.89
• Quick Ratio: 5.08

Sales & Book Value

• Annual Sales: C$467.95 thousand
• Price / Sales: 1,430.75
• Cash Flow: C$0.45 per share
• Price / Cash Flow: 16.25
• Book Value: C$0.61 per share
• Price / Book: 12.12

Miscellaneous

• Outstanding Shares: 90,720,000
• Free Float: N/A
• Market Cap: C$669.51 million
• Optionable: Not Optionable
• Beta: 0.82