POET Technologies Inc. (OTCMKTS:POETF - Get Free Report) shares were down 8.1% during trading on Tuesday . The company traded as low as $5.11 and last traded at $5.30. Approximately 3,115,443 shares traded hands during trading, an increase of 1,991% from the average daily volume of 148,995 shares. The stock had previously closed at $5.77.
POET Technologies Price Performance
The stock has a 50-day moving average price of $4.62 and a 200 day moving average price of $4.54. The firm has a market cap of $2.62 billion, a price-to-earnings ratio of -143.40 and a beta of 0.81.
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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