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

In market activity today, Poet Technologies Inc shares closed at $3.81 after opening the day at $4.16. prices ranged from $3.75 to $4.16.

The price decreased -5.22 percent from the previous day's close of $4.02.

During the day across North America, the TSX Composite closed 0.20% at 22824.67, the S&P 500 closed 0.08% at 5463.54, the Dow Jones Industrial Average closed -0.12% at 40539.93 and the Nasdaq Composite closed 0.07% at 17370.20.

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

Trading volume was 97,633 on 402 total trades, while having an average volume of 86,510 in the last five days.

Trading across the entire TSX-V saw 2,584 price advancers against 2,644 declines and 86 unchanged.

During the prior 52 weeks, PTK.VN has traded as high as $5.70 (August 04,2023) and low as $1.01 (November 30,2023). Moreover, the shares have shrunken -31.23% in the last year, while this year, they have risen 204.80%.

Following today's trading, Poet Technologies Inc has a market capitalization of $261.40 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..