POET Technologies (OTCMKTS:POETF) Stock Price Up 9.4% – Here’s What Happened

POET Technologies Inc. (OTCMKTS:POETFGet Free Report)’s stock price was up 9.4% on Monday . The stock traded as high as $6.85 and last traded at $6.75. Approximately 3,470,425 shares were traded during trading, an increase of 2,229% from the average daily volume of 148,995 shares. The stock had previously closed at $6.17.

POET Technologies Stock Performance

The company’s 50-day moving average price is $4.66 and its 200 day moving average price is $3.72. The stock has a market cap of $2.46 billion, a PE ratio of -135.00 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.

See Also

Receive News & Ratings for POET Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for POET Technologies and related companies with MarketBeat.com's FREE daily email newsletter.