Putting The Spotlight On POET Technologies Inc (POET)

POET Technologies Inc (NASDAQ:POET) currently has a daily average trading volume of 1.59M but it saw 1342608 shares traded in last market. With a market cap of 285.36M USD, the company’s current market price of $4.35 came falling about -2.03 while comparing to the previous closing price of $4.44. 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 $4.25 while lowest mark touched by it was $4.4777.

Taking a look at 20-day trading activity of POET Technologies Inc (POET) gives us an average price of $3.69, while its current price level is -22.32% below from 52-week high level whereas it is 504.17% 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 $3.19 while that of 200 days or SMA-200 reads an average of $2.05. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.22% during that period while stretching the period over a month that increases to 11.76%. 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 65.48 which implies that the stock is in neutral territory.

Over the week, POET’s stock price is moving -3.55% down while it is 48.46% when we observe its performance for the past one month. Year-to-date it is 365.04% up and over the past year, the stock is showing an upside performance of 49.48%.

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 0.32. Stock has a price to book (P/B) ratio of 10.81 while price to sale or P/S ratio amounts to 2378.00. Its return on asset (ROA) is -114.48% on average.