POET Technologies Inc (NASDAQ: POET)’s stock price has gone rise by 4.65 in comparison to its previous close of 3.79, however, the company has experienced a 4.10% increase in its stock price over the last five trading days. fool.com reported 2024-10-29 that These three under-the-radar small-cap companies offer potential for substantial returns, though they come with higher volatility than their larger peers.
Is It Worth Investing in POET Technologies Inc (NASDAQ: POET) Right Now?
POET has 36-month beta value of 0.31. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for POET is 65.02M, and currently, short sellers hold a 2.73% ratio of that float. The average trading volume of POET on October 30, 2024 was 1.59M shares.
POET’s Market Performance
The stock of POET Technologies Inc (POET) has seen a 4.10% increase in the past week, with a -13.40% drop in the past month, and a 35.37% gain in the past quarter. The volatility ratio for the week is 6.02%, and the volatility levels for the past 30 days are at 7.90% for POET. The simple moving average for the past 20 days is -0.75% for POET’s stock, with a 69.33% simple moving average for the past 200 days.
POET Trading at 8.28% from the 50-Day Moving Average
After a stumble in the market that brought POET to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.17% of loss for the given period.
Volatility was left at 7.90%, however, over the last 30 days, the volatility rate increased by 6.02%, as shares sank -11.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.05% upper at present.
During the last 5 trading sessions, POET rose by +3.67%, which changed the moving average for the period of 200-days by +298.99% in comparison to the 20-day moving average, which settled at $4.00. In addition, POET Technologies Inc saw 324.03% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for POET
Current profitability levels for the company are sitting at:
- -189.54 for the present operating margin
- -16.1 for the gross margin
The net margin for POET Technologies Inc stands at -204.94. The total capital return value is set at -0.9. Equity return is now at value -133.36, with -114.48 for asset returns.
Based on POET Technologies Inc (POET), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at -39.98. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -253.78.
Currently, EBITDA for the company is -18.82 million with net debt to EBITDA at 1.01. When we switch over and look at the enterprise to sales, we see a ratio of 1997.74. The receivables turnover for the company is 0.96for trailing twelve months and the total asset turnover is 0.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.71.
Conclusion
To put it simply, POET Technologies Inc (POET) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
