PTK Crosses Below Key Moving Average Level

In trading on Wednesday, shares of POET Technologies Inc (TSXV: PTK.TO) crossed below their 200 day moving average of $1.16, changing hands as low as $1.12 per share. POET Technologies Inc shares are currently trading down about 10.8% on the day. The chart below shows the one year performance of PTK shares, versus its 200 day moving average:

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POET Technologies Inc 200 Day Moving Average Chart

Looking at the chart above, PTK's low point in its 52 week range is $0.315 per share, with $2.87 as the 52 week high point — that compares with a last trade of $1.13.

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