POET Technologies (OTCMKTS:POETF) Sets New 12-Month High – Here’s What Happened

Shares of POET Technologies Inc. (OTCMKTS:POETFGet Free Report) hit a new 52-week high on Tuesday . The stock traded as high as $3.88 and last traded at $3.79, with a volume of 970674 shares traded. The stock had previously closed at $3.82.

POET Technologies Stock Down 0.8 %

The firm has a 50 day moving average of $3.64 and a two-hundred day moving average of $2.77. The firm has a market capitalization of $1.38 billion, a price-to-earnings ratio of -76.40 and a beta of 0.81.

About POET Technologies

(Get Free Report)

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.

Further Reading

Receive News & Ratings for POET Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for POET Technologies and related companies with MarketBeat.com's FREE daily email newsletter.