POET Technologies (CVE:PTK) Sets New 52-Week Low at $1.50

Shares of POET Technologies Inc. (CVE:PTKGet Free Report) reached a new 52-week low during trading on Friday . The stock traded as low as C$1.50 and last traded at C$1.58, with a volume of 70163 shares changing hands. The stock had previously closed at C$1.64.

POET Technologies Stock Performance

The company has a current ratio of 3.91, a quick ratio of 5.08 and a debt-to-equity ratio of 4.17. The firm has a market capitalization of C$69.81 million, a PE ratio of -2.36 and a beta of 1.05. The stock’s 50 day moving average price is C$3.62 and its two-hundred day moving average price is C$4.96.

POET Technologies Company Profile

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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.

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