POET Technologies (OTCMKTS:POETF) Shares Down 4.7% – What’s Next?

POET Technologies Inc. (OTCMKTS:POETFGet Free Report)’s stock price fell 4.7% during trading on Monday . The company traded as low as $3.89 and last traded at $4.07. 1,572,292 shares changed hands during mid-day trading, an increase of 955% from the average session volume of 148,995 shares. The stock had previously closed at $4.27.

POET Technologies Stock Up 5.8 %

The company has a fifty day moving average price of $4.45 and a 200 day moving average price of $4.44. The stock has a market cap of $1.60 billion, a PE ratio of -87.80 and a beta of 0.81.

POET Technologies Company Profile

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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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