POET Technologies (CVE:PTK) Trading 27.8% Higher

POET Technologies Inc. (CVE:PTK) shares traded up 27.8% on Monday . The company traded as high as C$1.93 and last traded at C$1.84. 66,978 shares changed hands during mid-day trading, an increase of 2% from the average session volume of 65,726 shares. The stock had previously closed at C$1.44.

POET Technologies Trading Up 25.6 %

The company has a debt-to-equity ratio of 11.00, a current ratio of 1.25 and a quick ratio of 5.08. The stock has a market capitalization of C$102.79 million, a PE ratio of -3.09 and a beta of 0.55. The stock’s 50 day simple moving average is C$1.75 and its two-hundred day simple moving average is C$1.92.

POET Technologies (CVE:PTK) last released its earnings results on Friday, March 15th. The company reported C($0.18) earnings per share for the quarter, meeting analysts’ consensus estimates of C($0.18). The company had revenue of C$0.15 million during the quarter. On average, sell-side analysts expect that POET Technologies Inc. will post -0.79625 EPS for the current year.

POET Technologies Company Profile

POET Technologies Inc designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, Singapore, and China. It 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.