Insider Selling: POET Technologies Inc. (CVE:PTK) Director Sells 5,000 Shares of Stock

POET Technologies Inc. (CVE:PTK - Get Free Report) Director James Lee sold 5,000 shares of POET Technologies stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of C$9.54, for a total transaction of C$47,682.00.

James Lee also recently made the following trade(s):

• On Monday, November 25th, James Lee sold 25,000 shares of POET Technologies stock. The stock was sold at an average price of C$6.95, for a total value of C$173,712.50.

POET Technologies Trading Down 1.4 %

PTK stock traded down C$0.12 during mid-day trading on Tuesday, reaching C$8.70. 133,097 shares of the stock traded hands, compared to its average volume of 230,297. The stock's fifty day moving average is C$6.77 and its 200-day moving average is C$5.27. The company has a market cap of C$605.52 million, a P/E ratio of -11.92 and a beta of 0.48. The company has a current ratio of 6.71, a quick ratio of 5.08 and a debt-to-equity ratio of 1.63. POET Technologies Inc. has a 52-week low of C$1.18 and a 52-week high of C$10.53.

Analyst Ratings Changes

Separately, Northland Capmk raised POET Technologies to a "strong-buy" rating in a report on Monday, November 18th.

About POET Technologies

POET Technologies Inc designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, Singapore, and China. The company offers integration solutions based on the POET Optical Interposer, a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module using advanced wafer-level semiconductor manufacturing techniques.