POET Technologies Inc [POET] stock prices are up 10.91% to $5.49 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The POET shares have gain 19.61% over the last week, with a monthly amount glided 23.65%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
POET Technologies Inc [NASDAQ: POET] stock has seen the most recent analyst activity on November 18, 2024, when Northland Capital initiated its Outperform rating and assigned the stock a price target of $6.
The stock price of POET Technologies Inc [POET] has been fluctuating between $0.92 and $7.79 over the past year. Currently, Wall Street analysts expect the stock to reach $3.5 within the next 12 months. POET Technologies Inc [NASDAQ: POET] shares were valued at $5.49 at the most recent close of the market. An investor can expect a potential drop of -36.25% based on the average POET price forecast.
Analyzing the POET fundamentals
Gross Profit Margin for this corporation currently stands at -11.5% with Operating Profit Margin at -197.25%, Pretax Profit Margin comes in at -256.46%, and Net Profit Margin reading is -260.69%. To continue investigating profitability, this company’s Return on Assets is posted at -0.63, Equity is -1.95 and Total Capital is -0.79. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.19 points at the first support level, and at 4.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.68, and for the 2nd resistance point, it is at 5.86.
Ratios To Look Out For
It’s worth pointing out that POET Technologies Inc [NASDAQ:POET]’s Current Ratio is 2.20. As well, the Quick Ratio is 2.20, while the Cash Ratio is 2.12. Considering the valuation of this stock, the price to sales ratio is 3234.98, the price to book ratio is 12.59.
