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

Automated Summaries - The Globe and Mail - Wed Aug 7, 4:02PM CDT

In today's trading, Poet Technologies Inc shares closed at $3.27 after opening the day at $3.44. It traded at a low of $3.24 to a high of $3.55.

Shares decreased -4.94 percent from the previous day's close of $3.44.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

Trading volume was 120,520 on 462 total trades, while having an average volume of 100,388 over the last 5-days.

Trading across the entire TSX-V saw 1,858 price advancers against 3,319 declines and 108 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 -40.55%, while this year, they have risen 161.60%.

Following today's trading, Poet Technologies Inc has a market capitalization of $223.69 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.

Based on 1.00 analysts, Poet Technologies Inc gets an average recommendation of "Strong Buy" 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..