POET Technologies Inc (NASDAQ:POET) currently has a daily average trading volume of 989.82K but it saw 839321 shares traded in last market. With a market cap of 198.99M USD, the company’s current market price of $3.06 came falling about -4.97 while comparing to the previous closing price of $3.22. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.12 and as low as $0.72. In the recent trading on the day, stock has struck highest price mark of $3.045 while lowest mark touched by it was $3.29.
Taking a look at 20-day trading activity of POET Technologies Inc (POET) gives us an average price of $2.78, while its current price level is -25.73% below from 52-week high level whereas it is 325.00% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.68 while that of 200 days or SMA-200 reads an average of $1.71. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.17% during that period while stretching the period over a month that decreases to 10.55%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 56.64 which implies that the stock is in neutral territory.
Over the week, POET’s stock price is moving 8.13% up while it is 8.90% when we observe its performance for the past one month. Year-to-date it is 227.13% up and over the past year, the stock is showing a downside performance of -16.16%.
Currently, POET Technologies Inc’s total number of outstanding shares is 65.03M. Company’s return on investment (ROI) stands at -97.01% and return on equity (ROE) at -133.36%. Stock’s beta reads 0.28. Stock has a price to book (P/B) ratio of 7.60 while price to sale or P/S ratio amounts to 1658.26. Its return on asset (ROA) is -114.48% on average.
