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

Automated Summaries - The Globe and Mail - Tue Aug 6, 4:02PM CDT

Today, shares of Poet Technologies Inc opened at $3.80 and closed at $3.44. prices ranged from a low of $3.40 to a high of $3.91.

The price decreased -10.88% from the previous day's close of $3.86.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

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

Trading volume was 78,680 on 366 total trades, while having an average volume of 95,811 over 5 days.

Trading across the entire TSX-V saw 3,772 price advancers against 1,443 declines and 86 unchanged.

During the prior 52 weeks, PTK.VN has traded as high as $5.61 (August 08,2023) and low as $1.01 (November 30,2023). Moreover, in the last 12 months, Poet Technologies Inc's shares have shrunken -37.45 percent, while they have risen 175.20% year-to-date.

Following today's trading, Poet Technologies Inc has a market capitalization of $251.00 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..