POET Technologies Inc (NASDAQ:POET) currently has a daily average trading volume of 1.62M but it saw 2111432 shares traded in last market. With a market cap of 385.66M USD, the company’s current market price of $4.23 came rising about 12.20 while comparing to the previous closing price of $3.77. 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 $3.8401 while lowest mark touched by it was $4.26.
Taking a look at 20-day trading activity of POET Technologies Inc (POET) gives us an average price of $3.86, while its current price level is -24.46% below from 52-week high level whereas it is 487.50% 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 $3.74 while that of 200 days or SMA-200 reads an average of $2.42. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.94% during that period while stretching the period over a month that increases to 7.02%. 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 60.87 which implies that the stock is in neutral territory.
Over the week, POET’s stock price is moving 12.50% up while it is 6.82% when we observe its performance for the past one month. Year-to-date it is 352.21% up and over the past year, the stock is showing an upside performance of 243.90%.
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 0.31. Stock has a price to book (P/B) ratio of 10.51 while price to sale or P/S ratio amounts to 3213.83. Its return on asset (ROA) is -114.48% on average.
