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POET Technologies (OTCMKTS:POETF) Trading Up 2% - Here's What Happened

POET Technologies logo with Computer and Technology background

POET Technologies Inc. (OTCMKTS:POETF - Get Free Report) shares were up 2% on Friday . The company traded as high as $4.77 and last traded at $4.66. Approximately 897,637 shares changed hands during trading, an increase of 502% from the average daily volume of 148,995 shares. The stock had previously closed at $4.57.

POET Technologies Price Performance

The firm's fifty day moving average is $5.22 and its two-hundred day moving average is $4.09. The firm has a market capitalization of $1.67 billion, a PE ratio of -91.50 and a beta of 0.81.

About POET Technologies

(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.

Further Reading

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