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

Poet Technologies Inc opened trading today at $3.92 and closed at $4.01. It traded at a low of $3.80 to a high of $4.05.

The price advanced 5.25% from the previous day's close of $3.81.

During the day across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

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

A total of 89,242 shares was traded during the last trading day, with total trades of 289. On average, Poet Technologies Inc has traded 72,202 shares in the last five days and 108,742 year-to-date.

Trading across the entire TSX-V saw 3,418 price advancers against 1,773 declines and 138 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 plummeted -27.62% in the last 52 weeks, while they have risen 220.80% since the start of 2024.

Following today's trading, Poet Technologies Inc has a market capitalization of $247.75 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. Currently, there are 1 buy ratings for the stock.

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..