POET Technologies Inc. (OTCMKTS:POETF - Get Free Report) shares dropped 3.1% on Friday . The company traded as low as $4.66 and last traded at $4.72. Approximately 1,021,632 shares were traded during mid-day trading, an increase of 586% from the average daily volume of 148,995 shares. The stock had previously closed at $4.87.
POET Technologies Stock Performance
The company's 50-day moving average price is $5.21 and its 200-day moving average price is $4.31. The firm has a market capitalization of $1.52 billion, a PE ratio of -83.20 and a beta of 0.81.
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.
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