POET Technologies Inc. (CVE:PTK – Get Free Report) Director James Lee sold 30,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of C$19.79, for a total value of C$593,700.00. Following the completion of the sale, the director owned 4,375 shares of the company’s stock, valued at C$86,581.25. This trade represents a 87.27% decrease in their ownership of the stock.
James Lee also recently made the following trade(s):
- On Wednesday, June 3rd, James Lee sold 4,375 shares of POET Technologies stock. The shares were sold at an average price of C$20.04, for a total value of C$87,675.00.
POET Technologies Price Performance
POET Technologies stock traded down C$0.11 during midday trading on Thursday, hitting C$7.38. The company’s stock had a trading volume of 152,071 shares, compared to its average volume of 156,992. The company has a quick ratio of 5.08, a current ratio of 1.89 and a debt-to-equity ratio of 14.84. The stock’s 50-day moving average price is C$7.38 and its 200-day moving average price is C$7.38. POET Technologies Inc. has a 12 month low of C$3.57 and a 12 month high of C$10.53. The company has a market capitalization of C$669.51 million, a PE ratio of -9.11 and a beta of 0.82.
POET Technologies Company Profile
POET Technologies Inc designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, Singapore, and China. The company 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. It also develops photonic integrated components. The company serves the data center, telecommunications, Internet of things and industrial sensing, automotive LIDAR, optical coherence tomography for medical devices, and virtual reality systems markets.
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