POET Technologies Inc. (OTCMKTS:POETF – Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as $3.88 and last traded at $3.79, with a volume of 970674 shares trading hands. The stock had previously closed at $3.82.
POET Technologies Price Performance
The company has a market capitalization of $1.38 billion, a price-to-earnings ratio of -76.40 and a beta of 0.81. The business’s 50-day moving average price is $3.64 and its two-hundred day moving average price is $2.77.
POET Technologies Company Profile
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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