Shares of POET Technologies Inc. (OTCMKTS:POETF – Get Free Report) fell 4.5% during trading on Wednesday . The company traded as low as $1.06 and last traded at $1.06. 26,124 shares changed hands during mid-day trading, a decline of 82% from the average session volume of 148,995 shares. The stock had previously closed at $1.11.
POET Technologies Price Performance
The stock has a market cap of $387.08 million, a P/E ratio of -21.21 and a beta of 0.81. The business’s fifty day moving average price is $1.30 and its 200 day moving average price is $1.46.
POET Technologies Company Profile
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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