POET Technologies (OTCMKTS:POETF) Reaches New 1-Year High at $5.35

Shares of POET Technologies Inc. (OTCMKTS:POETFGet Rating) hit a new 52-week high on Wednesday . The stock traded as high as $5.35 and last traded at $5.16, with a volume of 24066 shares. The stock had previously closed at $5.20.

POET Technologies Stock Performance

The company has a market capitalization of $1.88 billion, a P/E ratio of -102.80 and a beta of 0.81. The firm has a 50-day moving average price of $1.79.

About POET Technologies

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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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