POET Technologies (OTCMKTS:POETF) Hits New 12-Month High – Should You Buy?

POET Technologies Inc. (OTCMKTS:POETFGet Free Report) hit a new 52-week high on Monday . The stock traded as high as $3.83 and last traded at $3.65, with a volume of 983880 shares traded. The stock had previously closed at $3.64.

POET Technologies Stock Performance

The firm has a market cap of $1.49 billion, a price-to-earnings ratio of -81.40 and a beta of 0.81. The firm has a 50-day moving average price of $3.88 and a two-hundred day moving average price of $2.99.

POET Technologies Company Profile

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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.

Further Reading

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