POET Technologies（CVE:PTK）交易價格上漲 18.1% - 仍然值得買入嗎？
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.
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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.
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