Shares of POET Technologies Inc. (OTCMKTS:POETF – Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as $1.67 and last traded at $1.58, with a volume of 4221613 shares trading hands. The stock had previously closed at $1.25.
POET Technologies Stock Performance
The stock’s 50-day moving average is $1.29 and its 200 day moving average is $1.41. The firm has a market cap of $576.65 million, a P/E ratio of -31.60 and a beta of 0.81.
About POET Technologies
POET Technologies, Inc engages in the designing, developing, manufacturing and sale of opto-electronic solutions for the sensing, data communications and telecommunications markets. It developed POET Optical Interposer platform, which allows the integration of electronic and photonic devices into a single multi-chip module.
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