Closing Bell: Poet Technologies Inc down on Thursday (PTK)

Poet Technologies Inc opened trading today at $3.86 and closed at $3.75. prices ranged from $3.60 to $3.87.

The price dipped -3.35% from the previous day's close of $3.88.

During the day across North America, the TSX Composite closed -0.14% at 22608.03, the S&P 500 closed -2.31% at 5427.13, the Dow Jones Industrial Average closed -1.25% at 39853.87 and the Nasdaq Composite closed -3.64% at 17342.41.

Poet Technologies Inc traded under PTK on the Toronto Venture Exchange (TSX-V).

Trading volume was 85,617 on 352 total trades, while having an average volume of 76,785 over 5 days.

Trading across the entire TSX-V saw 3,490 price advancers against 1,736 declines and 92 unchanged.

During the prior 52 weeks, PTK.VN has traded as high as $5.74 (July 27,2023) and low as $1.01 (November 30,2023). Moreover, in the last 12 months, Poet Technologies Inc's shares have shrunken -28.57 percent, while they have risen 200.00% since the start of 2024.

Following today's trading, Poet Technologies Inc has a market capitalization of $252.30 million on a float of 65,026 shares outstanding. Its annual EPS is $-0.49.

Poet Technologies Inc is a TSX Semiconductors company headquartered in Toronto, CAN.

Poet Technologies Inc is holding an average recommendation of "Strong Buy" from 1.00 analysts according to Zacks. From those 1 analysts, 1 have buy ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..