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POET Technologies Inc (NASDAQ: POET) closed the day trading at $2.05 down -13.50% from the previous closing price of $2.37. In other words, the price has decreased by -$13.50 from its previous closing price. On the day, 2.34 million shares were traded. POET stock price reached its highest trading level at $2.315 during the session, while it also had its lowest trading level at $1.99.
Ratios:
For a better understanding of POET, let’s 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 97551504 and an Enterprise Value of 96285112. For the stock, the TTM Price-to-Sale (P/S) ratio is 185.33 while its Price-to-Book (P/B) ratio in mrq is 17.66. Its current Enterprise Value per Revenue stands at 206.719 whereas that against EBITDA is -5.158.
Stock Price History:
The Beta on a monthly basis for POET is 0.41, which has changed by -0.4638009 over the last 52 weeks, in comparison to a change of 0.22379243 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 41.51%, while the 200-Day Moving Average is calculated to be -1.89%.
Shares Statistics:
Over the past 3-months, POET traded about 585.43K shares per day on average, while over the past 10 days, POET traded about 3269730 shares per day. 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 0.50, 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
As of right now, 1.0 analysts gave their recommendation on the stock of the company. 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.
