POET Technologies Inc (POET) concluded trading on Wednesday at a closing price of $6.1, with 4.37 million shares of worth about $26.63 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -9.63% during that period and on July 09, 2025 the price saw a gain of about 18.33%. Currently the company’s common shares owned by public are about 84.59M shares, out of which, 83.81M shares are available for trading.
Stock saw a price change of 16.63% in past 5 days and over the past one month there was a price change of 45.58%. Year-to-date (YTD), POET shares are showing a performance of 73.30% which increased to 2.52% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.27 but also hit the highest price of $7.79 during that period. The average intraday trading volume for POET Technologies Inc shares is 1.12 million. The stock is currently trading 27.60% above its 20-day simple moving average (SMA20), while that difference is up 34.60% for SMA50 and it goes to 37.87% higher than SMA200.
POET Technologies Inc (NASDAQ: POET) currently have 84.59M outstanding shares and institutions hold larger chunk of about 3.51% of that.
The stock has a current market capitalization of $516.00M and its 3Y-monthly beta is at 0.34. It has posted earnings per share of -$0.65 in the same period. It has Quick Ratio of 1.59 while making debt-to-equity ratio of 0.23. 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 10.87% while standing at 7.85% over the month.
Analysts are in expectations that POET Technologies Inc (POET) stock would likely to be making an EPS of -0.1 in the current quarter, while forecast for next quarter EPS is -0.1 and it is -0.12 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.1 which is -0.1 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.12 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 156.55% while it is estimated to decrease by -130.77% in next year.
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.
