Stock Market Recap: POET Technologies Inc (POET) Concludes at 3.14, a 0.00 Surge/Decline

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In other words, the price has increased by $0.00 from its previous closing price. On the day, 0.78 million shares were traded. POET stock price reached its highest trading level at $3.2 during the session, while it also had its lowest trading level at $3.0.

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 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 205972080 and an Enterprise Value of 172857280. For the stock, the TTM Price-to-Sale (P/S) ratio is 1716.53 while its Price-to-Book (P/B) ratio in mrq is 7.80. Its current Enterprise Value per Revenue stands at 1486.804 whereas that against EBITDA is -8.358.

Stock Price History:

Over the past 52 weeks, POET has reached a high of $4.05, while it has fallen to a 52-week low of $0.72. The 50-Day Moving Average of the stock is 6.04%, while the 200-Day Moving Average is calculated to be 67.05%.

Shares Statistics:

The stock has traded on average 1.11M shares per day over the past 3-months and 656980 shares per day over the last 10 days, according to various share statistics. A total of 65.60M shares are outstanding, with a floating share count of 65.02M. Insiders hold about 0.88% of the company’s shares, while institutions hold 5.61% stake in the company. Shares short for POET as of 1724976000 were 1418202 with a Short Ratio of 1.28, compared to 1722384000 on 1162657. Therefore, it implies a Short% of Shares Outstanding of 1418202 and a Short% of Float of 2.18.

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