POET Technologies Inc. (OTCMKTS:POETF – Get Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $3.83 and last traded at $3.65, with a volume of 983880 shares. The stock had previously closed at $3.64.
POET Technologies Trading Up 0.3 %
The firm’s 50 day simple moving average is $3.84 and its two-hundred day simple moving average is $2.98. The firm has a market cap of $1.33 billion, a price-to-earnings ratio of -13.20 and a beta of 0.81.
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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