Could POET Technologies Inc Gain Strenght? The Stock Reaches 52-Week Low

 Could POET Technologies Inc Gain Strenght? The Stock Reaches 52 Week Low

The stock of POET Technologies Inc (CVE:PTK) is a huge mover today! About 398,198 shares traded hands. POET Technologies Inc (CVE:PTK) has risen 6.00% since October 30, 2016 and is uptrending. It has outperformed by 0.74% the S&P500.
The move comes after 6 months negative chart setup for the $82.09M company. It was reported on Nov, 29 by Barchart.com. We have $0.29 PT which if reached, will make CVE:PTK worth $4.10M less.

More notable recent POET Technologies Inc (CVE:PTK) news were published by: Finance.Yahoo.com which released: “POET Technologies Reports Third Quarter Financial Results” on November 28, 2016, also Globenewswire.com with their article: “POET Technologies Reports Another Significant Step Toward Its Goal of …” published on August 09, 2016, Streetinsider.com published: “Form FX POET TECHNOLOGIES INC. Filed by: POET TECHNOLOGIES INC.” on September 01, 2016. More interesting news about POET Technologies Inc (CVE:PTK) were released by: Globenewswire.com and their article: “POET Technologies Appoints Thomas R. Mika as Chief Financial Officer” published on October 17, 2016 as well as Seekingalpha.com‘s news article titled: “POET Technologies Has No Poetry” with publication date: September 06, 2015.

POET Technologies Inc. is a fabless semiconductor technology development company. The company has a market cap of $82.09 million. The Firm develops opto-electronic and photonic fabrication processes and products. It currently has negative earnings. It operates through the design of semi-conductor products for military and industrial applications segment.

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