Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
As of close of business last night, POET Technologies Inc’s stock clocked out at $5.45, up 7.50% from its previous closing price of $5.07. In other words, the price has increased by $7.50 from its previous closing price. On the day, 4.33 million shares were traded. POET stock price reached its highest trading level at $5.71 during the session, while it also had its lowest trading level at $5.28.
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 460214336 and an Enterprise Value of 386195360. For the stock, the TTM Price-to-Sale (P/S) ratio is 2305.08 while its Price-to-Book (P/B) ratio in mrq is 13.11. Its current Enterprise Value per Revenue stands at 1936.039 whereas that against EBITDA is -11.892.
Stock Price History:
The Beta on a monthly basis for POET is 0.26, which has changed by 1.6328502 over the last 52 weeks, in comparison to a change of 0.12463009 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 $1.69. The 50-Day Moving Average of the stock is 27.42%, while the 200-Day Moving Average is calculated to be 25.95%.
Shares Statistics:
It appears that POET traded 898.82K shares on average per day over the past three months and 1914550 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 4.42, 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
