Shares of POET Technologies Inc. (OTCMKTS:POETF – Get Free Report) fell 3.1% on Friday . The company traded as low as $4.66 and last traded at $4.72. 1,021,632 shares were traded during mid-day trading, an increase of 586% from the average session volume of 148,995 shares. The stock had previously closed at $4.87.
POET Technologies Stock Down 6.8 %
The business has a 50 day simple moving average of $5.21 and a two-hundred day simple moving average of $4.28. The firm has a market cap of $1.61 billion, a PE ratio of -88.00 and a beta of 0.81.
About POET Technologies
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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