POET Technologies (CVE:PTK) Trading Up 15.3%

POET Technologies Inc. (CVE:PTK - Get Free Report) shares were up 15.3% on Friday . The company traded as high as C$4.66 and last traded at C$4.60. Approximately 127,309 shares traded hands during trading, an increase of 25% from the average daily volume of 102,146 shares. The stock had previously closed at C$3.99.Get POET Technologies alerts:POET Technologies Stock PerformanceThe stock's 50 day moving average price is C$2.85 and its 200 day moving average price is C$2.06. The company has a debt-to-equity ratio of 8.54, a quick ratio of 5.08 and a current ratio of 2.27. The company has a market capitalization of C$287.33 million, a P/E ratio of -5.96 and a beta of 0.55. POET Technologies (CVE:PTK - Get Free Report) last posted its quarterly earnings data on Wednesday, May 15th. The company reported C($0.16) EPS for the quarter. The firm had revenue of C$0.01 million for the quarter. As a group, equities analysts expect that POET Technologies Inc. will post -0.79625 EPS for the current year. About POET Technologies (Get Free Report)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.Featured StoriesFive stocks we like better than POET TechnologiesElection Stocks: How Elections Affect the Stock MarketConstellation Brands Stock Q1 2025: Crushing Anheuser-Busch?Ride Out The Recession With These Dividend Kings Qualcomm Stock Continues to Rise in the Face of Negative NewsWhat Are the U.K. Market Holidays? How to Invest and TradeTop 3 Summer Stocks with Solid Growth OpportunitiesThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.→ Biden to Launch “FedNOW” [Move Your Money Now] (From Priority Gold) (Ad)Should you invest $1,000 in POET Technologies right now?Before you consider POET Technologies, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and POET Technologies wasn't on the list.While POET Technologies currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here