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After finishing at $2.94 in the prior trading day, POET Technologies Inc (NASDAQ: POET) closed at $2.74, down -6.80%. In other words, the price has decreased by -$6.80 from its previous closing price. On the day, 3.66 million shares were traded. POET stock price reached its highest trading level at $3.41 during the session, while it also had its lowest trading level at $2.5102.
Ratios:
Our goal is to gain a better understanding of POET by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.25 and its Current Ratio is at 1.25. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.06.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, POET now has a Market Capitalization of 130538536 and an Enterprise Value of 129526928. For the stock, the TTM Price-to-Sale (P/S) ratio is 247.71 while its Price-to-Book (P/B) ratio in mrq is 23.61. Its current Enterprise Value per Revenue stands at 278.088 whereas that against EBITDA is -6.939.
Stock Price History:
The Beta on a monthly basis for POET is 0.45, which has changed by -0.31840795 over the last 52 weeks, in comparison to a change of 0.23099434 over the same period for the S&P500. Over the past 52 weeks, POET has reached a high of $5.88, while it has fallen to a 52-week low of $0.72. The 50-Day Moving Average of the stock is 99.11%, while the 200-Day Moving Average is calculated to be 29.62%.
Shares Statistics:
The stock has traded on average 479.08K shares per day over the past 3-months and 2954320 shares per day over the last 10 days, according to various share statistics. A total of 42.49M shares are outstanding, with a floating share count of 41.89M. Insiders hold about 1.41% of the company’s shares, while institutions hold 2.33% stake in the company. Shares short for POET as of 1713139200 were 291495 with a Short Ratio of 0.61, compared to 1710460800 on 305843. Therefore, it implies a Short% of Shares Outstanding of 291495 and a Short% of Float of 0.62.
Earnings Estimates
A comprehensive evaluation of POET Technologies Inc (POET) is underway, with the input of 1.0 analysts contributing to its current rating.On average, analysts expect EPS of -$0.1 for the current quarter, with a high estimate of -$0.1 and a low estimate of -$0.1, while EPS last year was -$0.14. The consensus estimate for the next quarter is -$0.11, with high estimates of -$0.11 and low estimates of -$0.11.
Analysts are recommending an EPS of between -$0.41 and -$0.41 for the fiscal current year, implying an average EPS of -$0.41.
Revenue Estimates
1 analysts predict $800k in revenue for the current quarter. It ranges from a high estimate of $800k to a low estimate of $800k. As of the current estimate, POET Technologies Inc’s year-ago sales were $181kFor the next quarter, 1 analysts are estimating revenue of $1M. There is a high estimate of $1M for the next quarter, whereas the lowest estimate is $1M.
A total of 1 analysts have provided revenue estimates for POET’s current fiscal year. The highest revenue estimate was $5.4M, while the lowest revenue estimate was $5.4M, resulting in an average revenue estimate of $5.4M. In the same quarter a year ago, actual revenue was $466kBased on 1 analysts’ estimates, the company’s revenue will be $100M in the next fiscal year. The high estimate is $100M and the low estimate is $100M.
