--- title: "POET Technologies (CVE:PTK) Trading 18.1% Higher - Still a Buy?" description: "POET Technologies (CVE:PTK) saw its stock price rise by 18.1% to C$8.24 during trading, with a significant increase in trading volume. Analysts have upgraded the stock to a \"strong-buy\" rating. The co" type: "news" locale: "en" url: "https://longbridge.com/en/news/223261570.md" published_at: "2024-12-25T10:09:32.000Z" --- # POET Technologies (CVE:PTK) Trading 18.1% Higher - Still a Buy? > POET Technologies (CVE:PTK) saw its stock price rise by 18.1% to C$8.24 during trading, with a significant increase in trading volume. Analysts have upgraded the stock to a "strong-buy" rating. The company has a market cap of C$573.50 million and various financial ratios indicating strong liquidity. Recent insider sales were reported, with insiders owning 0.82% of the stock. Despite the positive rating, some analysts suggest there are better investment opportunities available. POET Technologies Inc. (CVE:PTK - Get Free Report)'s stock price was up 18.1% during trading on Wednesday . The company traded as high as C$8.43 and last traded at C$8.24. Approximately 322,979 shares were traded during mid-day trading, an increase of 128% from the average daily volume of 141,842 shares. The stock had previously closed at C$6.98. Get **POET Technologies** alerts: ## Analysts Set New Price Targets Separately, Northland Capmk upgraded shares of POET Technologies to a "strong-buy" rating in a research report on Monday, November 18th. **View Our Latest Stock Report on PTK** ## POET Technologies Price Performance The firm has a market capitalization of C$573.50 million, a P/E ratio of -11.29 and a beta of 0.48. The company has a current ratio of 6.71, a quick ratio of 5.08 and a debt-to-equity ratio of 1.63. The firm has a 50 day moving average price of C$6.08 and a 200-day moving average price of C$4.82. ## Insider Activity In related news, Director James Lee sold 25,000 shares of the firm's stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of C$6.95, for a total transaction of C$173,712.50. Also, Senior Officer Vivek Rajgarhia sold 5,000 shares of the business's stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of C$7.24, for a total value of C$36,219.00. Insiders own 0.82% of the company's stock. ## POET Technologies Company Profile (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. ## See Also - Five stocks we like better than POET Technologies - Market Cap Calculator: How to Calculate Market Cap - 5 Reasons DraftKings Stock Looks Promising in the New Year - How to Invest in Biotech Stocks - Cybersecurity Stocks: 1 Immediate Buy and 1 Dip Opportunity - Earnings Per Share Calculator: How to Calculate EPS - The Next 2 AI Winners Have Triple-Digit Upside Potential *This 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.* → After New Years, price goes back up 4,800% (From StocksToTrade) (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 "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [POET.US - POET Tech](https://longbridge.com/en/quote/POET.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | POET Technologies 因其在先進 AI 連接領域的成就而獲得 Lightwave 獎 | POET Technologies Inc. 在第十三屆 Lightwave 創新評審年度獎項中獲得了精英評分和一個類別獎，表彰其 Teralight AI 連接解決方案。該產品獲得了 4.5 的評分，因其設計、可擴展性和成本優勢而受到認可 | [Link](https://longbridge.com/en/news/276079005.md) | | POET Technologies 在旗艦產品獲獎後，由於強勁的電話需求，股價接近多年高點 | POET Technologies 在中國的 Infostone 獎項中因其旗艦產品 Teralight 獲得產品創新獎後，股票價格和看漲期權需求激增。Teralight 產品利用光進行數據傳輸，自推出以來引起了顯著的商業興趣。該股票年初至 | [Link](https://longbridge.com/en/news/273111249.md) | | POET Technologies 在中國憑藉 1.6T Teralight 光引擎榮獲雙重創新獎項 | POET Technologies 在中國第十二屆 Infostone 通信顧問深圳獎中獲得了兩個重要獎項，表彰其 1.6 太比特的 Teralight 光學引擎。產品創新獎是因其先進設計而頒發的，而莫金宇博士則獲得了個人技術創新獎。這些榮 | [Link](https://longbridge.com/en/news/273393093.md) | | CF 實業、POET Tech 和主要農業合作社啓動低碳肥料試點項目，以降低乙醇生產的碳排放強度 \| CF 股票新聞 | CF Industries、POET 以及主要農業合作社啓動了一項試點項目，旨在開發低碳肥料供應鏈，以減少玉米的碳強度並生產低碳乙醇。該倡議包括追蹤肥料的碳強度認證，並利用使用低碳氨種植的玉米進行乙醇生產。該項目預計將生產 500-600 | [Link](https://longbridge.com/en/news/273753521.md) | | Poetiq 為其 AI 元系統籌集了 4580 萬美元，並在行業基準測試中超越了頂級大型語言模型 | Poetiq 是一家人工智能元系統開發公司，已獲得 4580 萬美元的種子輪融資，由 FYRFLY 和 Surface Ventures 共同主導。Poetiq 由前谷歌 DeepMind 科學家創立，旨在通過生成專門的代理來解決問題，從而 | [Link](https://longbridge.com/en/news/274216046.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.