POET Technologies Inc. (OTCMKTS:POETF – Get Free Report) hit a new 52-week high during trading on Monday . The company traded as high as $2.94 and last traded at $2.77, with a volume of 11357523 shares trading hands. The stock had previously closed at $2.07.
POET Technologies Stock Performance
The firm’s 50-day moving average price is $2.04 and its two-hundred day moving average price is $1.49. The firm has a market capitalization of $1.04 billion, a price-to-earnings ratio of -57.20 and a beta of 0.81.
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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