Separately, Zacks Investment Research downgraded Poet Technologies from a hold rating to a sell rating in a report on Tuesday, December 19th.
Shares of Poet Technologies (OTCMKTS:POETF) opened at $0.42 on Friday. The company has a market capitalization of $139.99, a P/E ratio of -4.71 and a beta of 0.73. Poet Technologies has a 1-year low of $0.14 and a 1-year high of $0.61.
Poet Technologies Company Profile
POET Technologies Inc designs, manufactures, and sells semi-conductor products for consumer, data center, high performance computing, military, and commercial applications in the United States, Canada, and Singapore. It offers photonic sensing and optical light source products. The company was formerly known as Opel Technologies Inc and changed its name to POET Technologies Inc in June 2013.
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