POET Technologies Inc. (OTCMKTS:POETF - Get Free Report)'s share price shot up 1.6% during mid-day trading on Monday . The company traded as high as $3.76 and last traded at $3.73. 471,499 shares changed hands during mid-day trading, an increase of 216% from the average session volume of 148,995 shares. The stock had previously closed at $3.67.
POET Technologies Price Performance
The stock has a market cap of $1.38 billion, a price-to-earnings ratio of -75.50 and a beta of 0.81. The firm's 50-day moving average is $3.98 and its 200 day moving average is $4.44.
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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