Rodman & Renshaw assumed coverage on shares of Poet Technologies (NASDAQ:POETF) in a research note released on Monday, August 7th, The Fly reports. The firm issued a buy rating on the stock.

Poet Technologies (NASDAQ:POETF) traded up 10.78531% during midday trading on Monday, reaching $0.19609. The company’s stock had a trading volume of 11,330 shares. The firm’s market capitalization is $50.97 million. The stock’s 50-day moving average price is $0.20 and its 200 day moving average price is $0.24. Poet Technologies has a 1-year low of $0.14 and a 1-year high of $0.65.

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The Fly

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