POET Technologies (CVE:PTK) Stock Rating Upgraded by Northland Capmk

POET Technologies (CVE:PTK) was upgraded by Northland Capmk to a “strong-buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

POET Technologies Price Performance

PTK stock opened at C$5.65 on Monday. The company has a market capitalization of C$393.24 million, a P/E ratio of -7.74 and a beta of 0.48. The company has a fifty day moving average price of C$5.35 and a 200-day moving average price of C$4.11. The company has a debt-to-equity ratio of 1.63, a quick ratio of 5.08 and a current ratio of 6.71. POET Technologies has a 52-week low of C$1.01 and a 52-week high of C$7.50.

About POET Technologies

POET Technologies Inc designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, Singapore, and China. The company offers integration solutions based on the POET Optical Interposer, a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module using advanced wafer-level semiconductor manufacturing techniques.