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
(
Get Free Report)
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.
Read More
Before you consider POET Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and POET Technologies wasn't on the list.
While POET Technologies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.