Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. POET Technologies Inc’s current trading price is -21.79% away from its 52-week high, while its distance from the 52-week low is 508.33%. The stock’s price range over this period has fluctuated between $0.72 and $5.60. The company, operating within the financial sector, had a trading volume of approximately 0.61 million for the day, which was noticeably lower than the average daily share volume of 1.59 million over the last 3 months.
POET Technologies Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $5.60 on 09/24/24 and a low of $0.72 for the same time frame on 11/30/23.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
POET Technologies Inc (POET) has experienced a quarterly rise of 24.43% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 287.33M.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.77, with a change in price of +2.10. Similarly, POET Technologies Inc recorded 1,319,434 in trading volume during the last 100 days, posting a change of +94.17%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for POET stands at 0.02. Similarly, the long-term debt-to-equity ratio is also 0.01.
POET Stock Stochastic Average
Today’s raw stochastic average for POET Technologies Inc over the last 50 days is 61.86%.This indicates a increase from the raw stochastic average of the past 20 days, which was 57.31%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 61.34% and 61.98%, respectively.
POET Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant gain of 368.25% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 236.92%. Over the past 30 days, the price of POET has fallen by 49.49%. And in the last five days, it has fallen by -2.88%.
