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Analysts Offer Predictions for POET Technologies Inc.'s Q3 2023 Earnings (CVE:PTK)

Defense World ·  Apr 29, 2023 15:33

POET Technologies Inc. (CVE:PTK – Get Rating) – HC Wainwright issued their Q3 2023 earnings per share estimates for shares of POET Technologies in a research note issued to investors on Wednesday, April 26th. HC Wainwright analyst K. Dede expects that the company will post earnings of ($0.18) per share for the quarter. The consensus estimate for POET Technologies' current full-year earnings is ($0.80) per share. HC Wainwright also issued estimates for POET Technologies' Q4 2023 earnings at ($0.16) EPS.

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POET Technologies Stock Up 3.7 %

PTK stock opened at C$5.36 on Friday. The company has a current ratio of 2.51, a quick ratio of 5.08 and a debt-to-equity ratio of 2.70. The firm has a market capitalization of C$202.82 million, a PE ratio of -6.87 and a beta of 1.03. POET Technologies has a 1-year low of C$3.26 and a 1-year high of C$8.96. The business's 50 day simple moving average is C$5.40 and its 200 day simple moving average is C$4.92.

POET Technologies Company Profile

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POET Technologies Inc designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, and Singapore. It 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 and packaging methods.

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