POET Technologies (OTCMKTS:POETF) Hits New 52-Week High – Here’s Why

POET Technologies Inc. (OTCMKTS:POETFGet Free Report) reached a new 52-week high on Monday . The stock traded as high as $4.75 and last traded at $4.44, with a volume of 1963349 shares changing hands. The stock had previously closed at $4.46.

POET Technologies Price Performance

The company has a market capitalization of $1.54 billion, a PE ratio of -84.20 and a beta of 0.81. The stock’s 50 day simple moving average is $3.28 and its 200-day simple moving average is $2.51.

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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