POET Technologies Inc. (OTCMKTS:POETF – Get Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $4.90 and last traded at $4.58, with a volume of 2098948 shares trading hands. The stock had previously closed at $4.44.
POET Technologies Stock Up 3.2 %
The firm has a 50 day moving average of $3.09 and a 200-day moving average of $2.37. The company has a market cap of $1.67 billion, a P/E ratio of -88.80 and a beta of 0.81.
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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