POET Technologies (OTCMKTS:POETF) Trading Up 9.4% – Should You Buy?

POET Technologies Inc. (OTCMKTS:POETFGet Free Report)’s share price traded up 9.4% on Monday . The company traded as high as $6.85 and last traded at $6.75. 3,470,425 shares traded hands during trading, an increase of 2,229% from the average session volume of 148,995 shares. The stock had previously closed at $6.17.

POET Technologies Stock Performance

The business has a 50 day moving average of $4.66 and a two-hundred day moving average of $3.72. The stock has a market capitalization of $2.46 billion, a PE ratio of -135.00 and a beta of 0.81.

POET Technologies Company Profile

(Get Free Report)

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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