POET Technologies Inc (NASDAQ:POET) currently has a daily average trading volume of 1.69M but it saw 3098926 shares traded in last market. With a market cap of 295.86M USD, the company’s current market price of $4.51 came falling about -2.38 while comparing to the previous closing price of $4.62. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.60 and as low as $0.72. In the recent trading on the day, stock has struck highest price mark of $4.0 while lowest mark touched by it was $4.72.
Taking a look at 20-day trading activity of POET Technologies Inc (POET) gives us an average price of $3.34, while its current price level is -19.46% below from 52-week high level whereas it is 526.39% 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 $3.05 while that of 200 days or SMA-200 reads an average of $1.96. A closer look into the stock’s movement over the week reveals that its volatility is standing at 22.21% during that period while stretching the period over a month that decreases to 11.48%. 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 74.07 which implies that the stock is in overbought territory.
Over the week, POET’s stock price is moving 43.63% up while it is 46.43% when we observe its performance for the past one month. Year-to-date it is 382.15% up and over the past year, the stock is showing an upside performance of 40.50%.
Currently, POET Technologies Inc’s total number of outstanding shares is 65.60M. Company’s return on investment (ROI) stands at -97.01% and return on equity (ROE) at -133.36%. Stock’s beta reads 0.29. Stock has a price to book (P/B) ratio of 11.21 while price to sale or P/S ratio amounts to 2465.47. Its return on asset (ROA) is -114.48% on average.
