POET Technologies Inc (NASDAQ: POET) kicked off on Tuesday, down -9.85% from the previous trading day, before settling in for the closing price of $6.6. Over the past 52 weeks, POET has traded in a range of $3.09-$9.41.
A company in the Technology sector has dropped its sales by -13.09% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 53.60%. With a float of $90.24 million, this company’s outstanding shares have now reached $90.72 million.
POET Technologies Inc (POET) Insider and Institutional Ownership
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 0.53%, while institutional ownership is 7.60%. The most recent insider transaction that took place on Oct 03 ’25, was worth 51,018.
POET Technologies Inc (POET) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.03 earnings per share (EPS), higher than consensus estimate (set at -0.08) by 0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.
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 1.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1148.47.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.72, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.31 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 13.36 million. That was better than the volume of 3.62 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 8.54%.
During the past 100 days, POET Technologies Inc’s (POET) raw stochastic average was set at 37.43%, which indicates a significant increase from 4.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.82 in the past 14 days, which was higher than the 0.53 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.38, while its 200-day Moving Average is $5.10. However, in the short run, POET Technologies Inc’s stock first resistance to watch stands at $6.33. Second resistance stands at $6.72. The third major resistance level sits at $6.98. If the price goes on to break the first support level at $5.68, it is likely to go to the next support level at $5.42. The third support level lies at $5.03 if the price breaches the second support level.
POET Technologies Inc (NASDAQ: POET) Key Stats
The company with the Market Capitalisation of 539.78 million has total of 90,723K Shares Outstanding. Its annual sales at the moment are 40 K in contrast with the sum of -56,700 K annual income. Company’s last quarter sales were recorded 270 K and last quarter income was -17,260 K.
