POET Technologies Inc. (OTCMKTS:POETF – Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $2.99 and last traded at $2.94, with a volume of 3704166 shares changing hands. The stock had previously closed at $2.50.
POET Technologies Trading Up 17.6 %
The stock has a market capitalization of $1.07 billion, a P/E ratio of -58.80 and a beta of 0.81. The business has a 50-day moving average price of $1.34 and a 200 day moving average price of $1.38.
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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