POET Technologies (OTCMKTS:POETF) Reaches New 1-Year High at $1.78

POET Technologies Inc. (OTCMKTS:POETFGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $1.78 and last traded at $1.72, with a volume of 406098 shares traded. The stock had previously closed at $1.69.

POET Technologies Stock Up 13.4 %

The firm’s 50-day moving average is $1.88 and its 200-day moving average is $1.42. The company has a market capitalization of $711.69 million, a PE ratio of -39.00 and a beta of 0.81.

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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