POET Technologies Inc [NASDAQ: POET] price plunged by -6.24 percent to reach at -$0.32.
The one-year POET stock forecast points to a potential upside of 23.53. The average equity rating for POET stock is currently 1.00, trading closer to a bullish pattern in the stock market.
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Guru’s Opinion on 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 $6.29 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.
Northland Capital have made an estimate for POET Technologies Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on November 18, 2024.
The Average True Range (ATR) for POET Technologies Inc is set at 0.48, with the Price to Sales ratio for POET stock in the period of the last 12 months amounting to 2834.29. The Price to Book ratio for the last quarter was 11.03, with the Price to Cash per share for the same quarter was set at 0.59.
POET Stock Performance Analysis:
POET Technologies Inc [POET] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.24. With this latest performance, POET shares gained by 32.14% in over the last four-week period, additionally plugging by 170.22% over the last 6 months – not to mention a rise of 417.20% 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 56.76, with the RSI for the last a single of trading hit 55.24, and the three-weeks RSI is set at 57.04 for POET Technologies Inc [POET]. The present Moving Average for the last 50 days of trading for this stock 4.15, while it was recorded at 5.12 for the last single week of trading, and 2.71 for the last 200 days.
Insight into POET Technologies Inc Fundamentals:
POET Technologies Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.20 and a Current Ratio set at 2.20.
POET Stock EPS
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%.
POET Technologies Inc [POET] Institutonal Ownership Details
There are presently around $8.80%, or 8.88%% of POET stock, in the hands of institutional investors. The top three institutional holders of POET stocks are: MMCAP INTERNATIONAL INC. SPC with ownership of 2.86 million shares, which is approximately 6.1527%. SUSQUEHANNA INTERNATIONAL GROUP, LLP, holding 0.13 million shares of the stock with an approximate value of $$0.26 million in POET stocks shares; and SUSQUEHANNA INTERNATIONAL GROUP, LLP, currently with $$0.22 million in POET stock with ownership which is approximately 0.2655%.
