Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 85.31%. However, over the past six months, we’ve seen a stronger performance of -10.92%. The price of POET fallen by 18.30% over the last 30 days. And in the last five days, it has surged by 1.53%.
POET Technologies Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $7.79 on 12/26/24, while the lowest price during the same period was $2.27 on 08/07/24.
52-week price history of POET Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. POET Technologies Inc’s current trading price is -31.96% away from its 52-week high, while its distance from the 52-week low is 133.48%. The stock’s price range over this timeframe has been between $2.27 and $7.79. The shares of the Technology sector company recorded a trading volume of approximately 3.1 million for the day, which was comparatively higher than the average daily volume of 1.1 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
POET Technologies Inc (POET) has experienced a quarterly rise of 30.38% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 448.33M.
How Moving Averages and Trading Volume Data Work Together
POET’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for POET stands at 0.23. Similarly, the long-term debt-to-equity ratio is also 0.02.
