POET Technologies Inc. (OTCMKTS:POETF – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $5.79 and last traded at $5.13, with a volume of 3127640 shares. The stock had previously closed at $5.32.
POET Technologies Trading Down 3.6 %
The stock has a market capitalization of $1.87 billion, a P/E ratio of -106.40 and a beta of 0.81. The company’s 50-day moving average is $4.15 and its two-hundred day moving average is $3.18.
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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