POET Technologies (OTCMKTS:POETF) Reaches New 1-Year High – Time to Buy?

POET Technologies Inc. (OTCMKTS:POETFGet Free Report)’s share price reached a new 52-week high on Monday . The stock traded as high as $4.15 and last traded at $4.00, with a volume of 1281923 shares traded. The stock had previously closed at $4.04.

POET Technologies Price Performance

The business has a fifty day moving average price of $3.57 and a two-hundred day moving average price of $2.70. The firm has a market cap of $1.42 billion, a PE ratio of -77.80 and a beta of 0.81.

About POET Technologies

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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.

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