POET Technologies Inc (NASDAQ: POET) kicked off on Friday, down -3.22% from the previous trading day, before settling in for the closing price of $4.04. Over the past 52 weeks, POET has traded in a range of $1.00-$7.79.
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A company in the Technology sector has jumped its sales by 37.15% annually for the last half of the decade. 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) Insider Updates
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) Performance Highlights and Predictions
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 2542.48.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 0.96 million. That was inferior than the volume of 1.68 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 33.85%. Additionally, its Average True Range was 0.35.
During the past 100 days, POET Technologies Inc’s (POET) raw stochastic average was set at 17.27%, which indicates a significant decrease from 47.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 85.28% in the past 14 days, which was lower than the 107.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.38, while its 200-day Moving Average is $3.88. However, in the short run, POET Technologies Inc’s stock first resistance to watch stands at $4.00. Second resistance stands at $4.10. The third major resistance level sits at $4.17. 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 $3.76. Assuming the price breaks the second support level, the third support level stands at $3.66.
POET Technologies Inc (NASDAQ: POET) Key Stats
The company with the Market Capitalisation of 305.10 million has total of 78,075K 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.
