POET Technologies Inc. (CVE:PTK – Get Free Report)’s stock price traded up 6.6% during mid-day trading on Friday . The stock traded as high as C$7.77 and last traded at C$7.41. 449,126 shares traded hands during mid-day trading, an increase of 243% from the average session volume of 130,911 shares. The stock had previously closed at C$6.95.
POET Technologies Price Performance
The firm has a market capitalization of C$357.96 million, a PE ratio of -7.55 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. The firm has a 50-day simple moving average of C$5.95 and a 200-day simple moving average of C$6.31.
About POET Technologies
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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