POET Technologies Inc. (OTCMKTS:POETF – Get Free Report)’s stock price was up 6% during mid-day trading on Friday . The stock traded as high as $6.55 and last traded at $6.37. Approximately 14,987,122 shares traded hands during trading, an increase of 9,959% from the average daily volume of 148,995 shares. The stock had previously closed at $6.01.
POET Technologies Stock Performance
The stock has a 50-day simple moving average of $6.17 and a 200 day simple moving average of $5.56. The stock has a market capitalization of $2.32 billion, a P/E ratio of -127.40 and a beta of 0.81.
About POET Technologies
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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