POET Technologies Inc (NASDAQ: POET) on Friday, plunged -8.30% from the previous trading day, before settling in for the closing price of $7.59. Within the past 52 weeks, POET’s price has moved between $0.84 and $7.79.
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Technology Sector giant saw their annual sales surged by 29.72% over the last five years. The company achieved an average annual earnings per share of -18.73%. With a float of $70.14 million, this company’s outstanding shares have now reached $70.21 million.
In terms of profitability, gross margin is -1150.33%, operating margin of -19725.34%, and the pretax margin is -25646.14%.
POET Technologies Inc (POET) Breakdown of a Key Holders of the stock
Observing investor behavior towards Semiconductors industry stocks is more important than anything else. The insider ownership of POET Technologies Inc is 0.81%, while institutional ownership is 8.90%.
POET Technologies Inc (POET) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -18.73% 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
POET Technologies Inc (POET) is currently performing well based on its current performance indicators. A quick ratio of 2.20 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4101.18.
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 -0.30 in one year’s time.
Technical Analysis of POET Technologies Inc (POET)
Analysing the last 5-days average volume posted by the [POET Technologies Inc, POET], we can find that recorded value of 4.84 million was better than the volume posted last year of 1.21 million. As of the previous 9 days, the stock’s Stochastic %D was 88.13%. Additionally, its Average True Range was 0.67.
During the past 100 days, POET Technologies Inc’s (POET) raw stochastic average was set at 84.96%, which indicates a significant increase from 77.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 154.55% in the past 14 days, which was higher than the 107.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.44, while its 200-day Moving Average is $3.00. Now, the first resistance to watch is $7.32. This is followed by the second major resistance level at $7.69. The third major resistance level sits at $8.03. If the price goes on to break the first support level at $6.61, it is likely to go to the next support level at $6.27. Now, if the price goes above the second support level, the third support stands at $5.90.
POET Technologies Inc (NASDAQ: POET) Key Stats
Market capitalization of the company is 492.14 million based on 76,487K outstanding shares. Right now, sales total 470 K and income totals -20,270 K. The company made 0 K in profit during its latest quarter, and -7,980 K in sales during its previous quarter.
