POET Technologies Inc. (CVE:PTK – Get Rating) – HC Wainwright increased their FY2022 earnings per share estimates for POET Technologies in a research note issued to investors on Wednesday, November 16th. HC Wainwright analyst K. Dede now anticipates that the company will post earnings per share of ($0.74) for the year, up from their prior forecast of ($0.78). The consensus estimate for POET Technologies' current full-year earnings is ($0.76) per share. HC Wainwright also issued estimates for POET Technologies' Q4 2022 earnings at ($0.21) EPS and FY2023 earnings at ($0.74) EPS.

POET Technologies Stock Performance

POET Technologies stock opened at C$3.76 on Friday. The stock has a 50-day moving average of C$3.92 and a two-hundred day moving average of C$5.48. The company has a debt-to-equity ratio of 2.28, a quick ratio of 7.95 and a current ratio of 8.11. POET Technologies has a one year low of C$3.26 and a one year high of C$13.65. The stock has a market cap of C$138.05 million and a PE ratio of -6.07.

POET Technologies Company Profile

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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