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As of close of business last night, POET Technologies Inc’s stock clocked out at $3.15, up 1.94% from its previous closing price of $3.09. In other words, the price has increased by $1.94 from its previous closing price. On the day, 1.13 million shares were traded. POET stock price reached its highest trading level at $3.3 during the session, while it also had its lowest trading level at $2.98.
Ratios:
To gain a deeper understanding of POET’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.71 and its Current Ratio is at 6.71. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
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 206628032 and an Enterprise Value of 173474208. For the stock, the TTM Price-to-Sale (P/S) ratio is 1722.00 while its Price-to-Book (P/B) ratio in mrq is 7.83. Its current Enterprise Value per Revenue stands at 1492.11 whereas that against EBITDA is -8.388.
Stock Price History:
Over the past 52 weeks, POET has reached a high of $4.12, while it has fallen to a 52-week low of $0.72. The 50-Day Moving Average of the stock is 12.21%, while the 200-Day Moving Average is calculated to be 79.74%.
Shares Statistics:
It appears that POET traded 1.01M shares on average per day over the past three months and 1355040 shares per day over the past ten days. A total of 65.60M shares are outstanding, with a floating share count of 64.99M. Insiders hold about 0.92% of the company’s shares, while institutions hold 5.58% stake in the company. Shares short for POET as of 1723680000 were 1167834 with a Short Ratio of 1.16, compared to 1721001600 on 1000616. Therefore, it implies a Short% of Shares Outstanding of 1167834 and a Short% of Float of 1.7999999999999998.
Earnings Estimates
The stock of POET Technologies Inc (POET) is currently drawing attention from 2.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is -$0.09, with high estimates of -$0.08 and low estimates of -$0.1.
Analysts are recommending an EPS of between -$0.39 and -$0.39 for the fiscal current year, implying an average EPS of -$0.39. EPS for the following year is -$0.26, with 2.0 analysts recommending between -$0.11 and -$0.41.
Revenue Estimates
For the next quarter, 2 analysts are estimating revenue of $190k. There is a high estimate of $300k for the next quarter, whereas the lowest estimate is $80k.
A total of 2 analysts have provided revenue estimates for POET’s current fiscal year. The highest revenue estimate was $1.01M, while the lowest revenue estimate was $500k, resulting in an average revenue estimate of $750k. In the same quarter a year ago, actual revenue was $466kBased on 2 analysts’ estimates, the company’s revenue will be $13.85M in the next fiscal year. The high estimate is $17.7M and the low estimate is $10M.
