POET Technologies Inc. (OTCMKTS:POETF – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $2.99 and last traded at $2.92, with a volume of 487761 shares trading hands. The stock had previously closed at $2.77.
POET Technologies Trading Up 5.4 %
The company has a 50-day moving average of $2.36 and a 200-day moving average of $1.79. The company has a market capitalization of $1.07 billion, a price-to-earnings ratio of -58.40 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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