POET Technologies Inc [NASDAQ: POET] stock went on an upward path that rose over 9.43% on Thursday, amounting to a one-week price increase of more than 5.01%.
Over the last 12 months, POET stock rose by 9.24%. The one-year POET Technologies Inc stock forecast points to a potential upside of 3.7. The average equity rating for POET stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $589.68 million, with 90.72 million shares outstanding and 89.63 million shares in the current float. Compared to the average trading volume of 2.47M shares, POET stock reached a trading volume of 5955098 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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 $6.75 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 Price to Book ratio for the last quarter was 11.23, with the Price to Cash per share for the same quarter was set at 0.81.
POET Stock Performance Analysis:
POET Technologies Inc [POET] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.01. With this latest performance, POET shares gained by 26.95% in over the last four-week period, additionally plugging by 68.39% over the last 6 months – not to mention a rise of 9.24% 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 66.28, with the RSI for the last a single of trading hit 0.52, and the three-weeks RSI is set at 0.44 for POET Technologies Inc [POET]. The present Moving Average for the last 50 days of trading for this stock 5.46, while it was recorded at 5.85 for the last single week of trading, and 4.87 for the last 200 days.
Insight into POET Technologies Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and POET Technologies Inc [POET] shares currently have an operating margin of -7796.15% and a Gross Margin at -438.72%. POET Technologies Inc’s Net Margin is presently recorded at -11523.04%.
POET Technologies Inc (POET) Capital Structure & Debt Analysis
According to recent financial data for POET Technologies Inc. ( POET), the Return on Equity (ROE) stands at -145.35%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -91.40%, reflecting the company’s efficiency in generating profits from its assets. Additionally, POET Technologies Inc’s Return on Invested Capital (ROIC) is -107.75%, showcasing its effectiveness in deploying capital for earnings.
POET Technologies Inc (POET) Efficiency & Liquidity Metrics
Based on POET Technologies Inc’s (POET) latest financial statements, the Debt-to-Equity Ratio is 0.15%, indicating its reliance on debt financing relative to shareholder equity.
POET Technologies Inc (POET) Efficiency & Liquidity Metrics
POET Stock EPS
With the latest financial reports released by the company, POET Technologies Inc posted -0.03/share EPS, while the average EPS was predicted by analysts to be reported at -0.08/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.05. 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.
POET Technologies Inc [POET] Institutonal Ownership Details
There are presently around $9.46%, or 9.52%% 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 5.079%. 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 0.2192%.
