POET Technologies Inc. (CVE:PTK) Director James Lee Sells 5,000 Shares

POET Technologies Inc. (CVE:PTK) Director James Lee sold 5,000 shares of POET Technologies stock in a transaction dated Monday, January 6th. The shares were sold at an average price of C$9.54, for a total value of C$47,682.00.

James Lee also recently made the following trade(s):

• On Monday, November 25th, James Lee sold 25,000 shares of POET Technologies stock. The shares were sold at an average price of C$6.95, for a total transaction of C$173,712.50.

POET Technologies Trading Down 1.2 %

Shares of PTK traded down C$0.11 during trading hours on Tuesday, hitting C$8.71. 78,887 shares of the stock traded hands, compared to its average volume of 216,586. The business has a fifty day moving average of C$6.70 and a 200-day moving average of C$5.22. The company has a current ratio of 6.71, a quick ratio of 5.08 and a debt-to-equity ratio of 1.63. The firm has a market capitalization of C$606.22 million, a PE ratio of -11.93 and a beta of 0.48. POET Technologies Inc. has a 1-year low of C$1.18 and a 1-year high of C$10.53.

Analyst Upgrades and Downgrades

Separately, Northland Capmk raised shares of POET Technologies to a “strong-buy” rating in a report on Monday, November 18th.

POET Technologies Company Profile

POET Technologies Inc designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, Singapore, and China. The company offers integration solutions based on the POET Optical Interposer, a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module using advanced wafer-level semiconductor manufacturing techniques.