POET Technologies Inc (POET) concluded trading on Thursday at a closing price of $4.27, with 4.63 million shares of worth about $19.78 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 37.74% during that period and on March 20, 2025 the price saw a gain of about 10.48%. Currently the company’s common shares owned by public are about 78.03M shares, out of which, 77.25M shares are available for trading.
Stock saw a price change of 20.79% in past 5 days and over the past one month there was a price change of -12.32%. Year-to-date (YTD), POET shares are showing a performance of -28.24% which increased to 233.59% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.00 but also hit the highest price of $7.79 during that period. The average intraday trading volume for POET Technologies Inc shares is 2.01 million. The stock is currently trading 11.96% above its 20-day simple moving average (SMA20), while that difference is down -5.29% for SMA50 and it goes to 12.00% higher than SMA200.
POET Technologies Inc (NASDAQ: POET) currently have 78.03M outstanding shares and institutions hold larger chunk of about 7.13% of that.
The stock has a current market capitalization of $333.19M and its 3Y-monthly beta is at 0.48. It has posted earnings per share of -$0.59 in the same period. It has Quick Ratio of 2.20 while making debt-to-equity ratio of 0.01. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for POET, volatility over the week remained 10.13% while standing at 9.54% over the month.
Stock’s fiscal year EPS is expected to drop by -14.37% while it is estimated to increase by 31.43% in next year. EPS is likely to grow at an annualized rate of 28.90% for next 5-years, compared to annual growth of 2.67% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Northland Capital on November 18, 2024 offering an Outperform rating for the stock and assigned a target price of $6 to it.
