POET Technologies Inc (NASDAQ: POET) kicked off on Friday, down -5.21% from the previous trading day, before settling in for the closing price of $3.84. Over the past 52 weeks, POET has traded in a range of $0.72-$5.60.
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During the last 5-year period, the sales growth of Technology Sector giant was 29.72%. While this was happening, its average annual earnings per share was recorded -25.81%. With a float of $70.08 million, this company’s outstanding shares have now reached $70.70 million.
In terms of profitability, gross margin is -1610.17%, operating margin of -18955.06%, and the pretax margin is -20059.43%.
POET Technologies Inc (POET) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Semiconductors Industry. The insider ownership of POET Technologies Inc is 0.88%, while institutional ownership is 8.80%.
POET Technologies Inc (POET) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -25.81% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.00% during the next five years compared to 2.67% growth over the previous five years of trading.
POET Technologies Inc (NASDAQ: POET) Trading Performance Indicators
Take a look at POET Technologies Inc’s (POET) current performance indicators. Last quarter, stock had a quick ratio of 2.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2859.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.59, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.31 in one year’s time.
Technical Analysis of POET Technologies Inc (POET)
Looking closely at POET Technologies Inc (NASDAQ: POET), its last 5-days average volume was 1.29 million, which is a jump from its year-to-date volume of 0.98 million. As of the previous 9 days, the stock’s Stochastic %D was 35.65%. Additionally, its Average True Range was 0.29.
During the past 100 days, POET Technologies Inc’s (POET) raw stochastic average was set at 49.35%, which indicates a significant increase from 20.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 72.14% in the past 14 days, which was lower than the 110.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.85, while its 200-day Moving Average is $2.50. However, in the short run, POET Technologies Inc’s stock first resistance to watch stands at $3.77. Second resistance stands at $3.91. The third major resistance level sits at $4.03. If the price goes on to break the first support level at $3.52, it is likely to go to the next support level at $3.40. Now, if the price goes above the second support level, the third support stands at $3.26.
POET Technologies Inc (NASDAQ: POET) Key Stats
The company with the Market Capitalisation of 343.15 million has total of 70,702K Shares Outstanding. Its annual sales at the moment are 470 K in contrast with the sum of -20,270 K annual income. Company’s last quarter sales were recorded 10 K and last quarter income was -5,720 K.
