Closing Bell: Poet Technologies Inc up on Friday (PTK)

Poet Technologies Inc opened trading today at $3.80 and closed at $3.81. Intraday prices ranged from a low of $3.80 to a high of $3.98.

The price boosted 1.60% from the previous day's close of $3.75.

During the day across North America, the TSX Composite closed 0.91% at 22814.81, the S&P 500 closed -0.51% at 5399.22, the Dow Jones Industrial Average closed 0.20% at 39935.07 and the Nasdaq Composite closed -0.93% at 17181.72.

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

Trading volume was 39,916 on 155 total trades. On average, Poet Technologies Inc has traded 76,330 shares over 5 days and 109,368 year-to-date.

Trading across the entire TSX-V saw 3,857 price advancers against 1,325 declines and 128 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 -28.11 percent, while in 2024, they have risen 204.80%.

Following today's trading, Poet Technologies Inc has a market capitalization of $243.85 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.

Currently, Poet Technologies Inc has an average recommendation of "Strong Buy" based on 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..