POET Technologies Inc. (OTCMKTS:POETF – Get Free Report) traded down 6.9% on Friday . The stock traded as low as $4.58 and last traded at $4.70. 9,838,214 shares changed hands during mid-day trading, an increase of 6,503% from the average session volume of 148,995 shares. The stock had previously closed at $5.05.
POET Technologies Stock Down 6.9%
The firm has a market cap of $1.72 billion, a PE ratio of -94.00 and a beta of 0.81. The stock has a 50 day moving average price of $6.37 and a two-hundred day moving average price of $5.52.
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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