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As of close of business last night, POET Technologies Inc’s stock clocked out at $5.3, down -8.15% from its previous closing price of $5.77. In other words, the price has decreased by -$8.15 from its previous closing price. On the day, 3.1 million shares were traded. POET stock price reached its highest trading level at $5.5 during the session, while it also had its lowest trading level at $5.11.
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 1.59 and its Current Ratio is at 1.59. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Northland Capital on November 18, 2024, initiated with a Outperform rating and assigned the stock a target price of $6.
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 453076320 and an Enterprise Value of 367369024. For the stock, the TTM Price-to-Sale (P/S) ratio is 2241.64 while its Price-to-Book (P/B) ratio in mrq is 12.75. Its current Enterprise Value per Revenue stands at 1841.661 whereas that against EBITDA is -11.312.
Stock Price History:
The Beta on a monthly basis for POET is 0.33, which has changed by 0.74917495 over the last 52 weeks, in comparison to a change of 0.11708844 over the same period for the S&P500. Over the past 52 weeks, POET has reached a high of $7.79, while it has fallen to a 52-week low of $2.27. The 50-Day Moving Average of the stock is 18.56%, while the 200-Day Moving Average is calculated to be 20.49%.
Shares Statistics:
It appears that POET traded 1.10M shares on average per day over the past three months and 3119180 shares per day over the past ten days. A total of 84.59M shares are outstanding, with a floating share count of 83.81M. Insiders hold about 0.92% of the company’s shares, while institutions hold 3.51% stake in the company. Shares short for POET as of 1749772800 were 3976144 with a Short Ratio of 3.62, compared to 1747267200 on 3175333. Therefore, it implies a Short% of Shares Outstanding of 3976144 and a Short% of Float of 4.7399998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The stock of POET Technologies Inc (POET) is currently in the spotlight, with 1.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is -$0.1, with high estimates of -$0.1 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 -$0.12, with 1.0 analysts recommending between -$0.12 and -$0.12.
Revenue Estimates
For the next quarter, 1 analysts are estimating revenue of $699.42k. There is a high estimate of $699.42k for the next quarter, whereas the lowest estimate is $699.42k.
A total of 1 analysts have provided revenue estimates for POET’s current fiscal year. The highest revenue estimate was $4.82M, while the lowest revenue estimate was $4.82M, resulting in an average revenue estimate of $4.82M. In the same quarter a year ago, actual revenue was $59.55kBased on 1 analysts’ estimates, the company’s revenue will be $56M in the next fiscal year. The high estimate is $56M and the low estimate is $56M.
