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 the business’s 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 stock was sold at an average price of C$6.95, for a total transaction of C$173,712.50.

POET Technologies Stock Down 1.4 %

CVE PTK opened at C$8.70 on Wednesday. The business has a fifty day moving average price of C$6.77 and a two-hundred day moving average price of C$5.27. The stock has a market capitalization of C$605.52 million, a PE ratio of -11.92 and a beta of 0.48. POET Technologies Inc. has a fifty-two week low of C$1.18 and a fifty-two week high of C$10.53. The company has a debt-to-equity ratio of 1.63, a current ratio of 6.71 and a quick ratio of 5.08.

Wall Street Analyst Weigh In

Separately, Northland Capmk upgraded shares of POET Technologies to a “strong-buy” rating in a research 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.