POET Technologies Inc [NASDAQ: POET] jumped around 0.33 points on Tuesday, while shares priced at $1.58 at the close of the session, up 26.40%.
Compared to the average trading volume of 139.70K shares, POET reached a trading volume of 4229446 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about POET Technologies Inc [POET]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for POET shares is $3.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on POET stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for POET Technologies Inc is set at 0.14, with the Price to Sales ratio for POET stock in the period of the last 12 months amounting to 142.84. The Price to Book ratio for the last quarter was 13.61, with the Price to Cash per share for the same quarter was set at 0.07.
How has POET stock performed recently?
POET Technologies Inc [POET] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 42.34. With this latest performance, POET shares gained by 13.67% in over the last four-week period, additionally sinking by -46.16% over the last 6 months – not to mention a drop of -57.30% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for POET stock in for the last two-week period is set at 67.53, with the RSI for the last a single of trading hit 74.21, and the three-weeks RSI is set at 63.10 for POET Technologies Inc [POET]. The present Moving Average for the last 50 days of trading for this stock 1.2865, while it was recorded at 1.1886 for the last single week of trading, and 2.1521 for the last 200 days.
POET Technologies Inc [POET]: Deeper insight into the fundamentals
POET Technologies Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.25 and a Current Ratio set at 1.25.
Earnings analysis for POET Technologies Inc [POET]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for POET. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for POET Technologies Inc go to 20.00%.
Insider trade positions for POET Technologies Inc [POET]
The top three institutional holders of POET stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in POET stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in POET stock with ownership which is approximately 5.8386%.
