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POET Technologies (OTCMKTS:POETF) Shares Down 1.1% - Time to Sell?

POET Technologies logo with Computer and Technology background

Key Points

  • POET Technologies Inc.'s share price fell by 1.1%, trading between $7.01 and $7.37 on Thursday, with a significant increase in trading volume.
  • The company has a market capitalization of $2.69 billion and a PE ratio of -147.40, indicating negative earnings performance.
  • POET Technologies specializes in opto-electronic solutions, focusing on integration of electronic and photonic devices through its POET Optical Interposer platform.
  • Five stocks we like better than POET Technologies.

POET Technologies Inc. (OTCMKTS:POETF - Get Free Report)'s share price traded down 1.1% during trading on Thursday . The stock traded as low as $7.01 and last traded at $7.37. 25,099,315 shares changed hands during trading, an increase of 16,746% from the average session volume of 148,995 shares. The stock had previously closed at $7.45.

POET Technologies Price Performance

The company has a market capitalization of $2.69 billion, a PE ratio of -147.40 and a beta of 0.81. The firm has a 50-day moving average of $6.06 and a 200 day moving average of $5.23.

POET Technologies Company Profile

(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.

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