POET Technologies Inc (NASDAQ: POET) kicked off on Tuesday, up 1.00% from the previous trading day, before settling in for the closing price of $4.01. Over the past 52 weeks, POET has traded in a range of $1.00-$7.79.
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Technology Sector giant saw their annual sales surged by 37.15% over the last five years. While this was happening, its average annual earnings per share was recorded -14.37%. With a float of $77.25 million, this company’s outstanding shares have now reached $78.03 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
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 1.01%, while institutional ownership is 7.13%.
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 -14.37% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 28.90% 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 2633.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.59, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach -0.24 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 0.98 million was lower than the volume posted last year of 1.71 million. As of the previous 9 days, the stock’s Stochastic %D was 91.02%. Additionally, its Average True Range was 0.37.
During the past 100 days, POET Technologies Inc’s (POET) raw stochastic average was set at 20.25%, which indicates a significant decrease from 77.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 105.70% in the past 14 days, which was lower than the 105.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.60, while its 200-day Moving Average is $3.79. Now, the first resistance to watch is $4.24. This is followed by the second major resistance level at $4.42. The third major resistance level sits at $4.64. If the price goes on to break the first support level at $3.83, it is likely to go to the next support level at $3.61. Now, if the price goes above the second support level, the third support stands at $3.43.
POET Technologies Inc (NASDAQ: POET) Key Stats
The company with the Market Capitalisation of 316.02 million has total of 78,070K 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 0 K and last quarter income was -7,980 K.
