POET Technologies Inc (NASDAQ:POET) shares traded 14.92% higher at $7.01 on Wall Street last session.
POET stock price is now 52.85% away from the 50-day moving average and 57.75% away from the 200-day moving average. The market capitalization of the company currently stands at $592.98M.
With the price target of $6, Northland Capital recently initiated with Outperform rating for POET Technologies Inc (NASDAQ: POET).
A total of 0.92% of the company’s stock is owned by insiders.
During the past 12 months, POET Technologies Inc has had a low of $2.27 and a high of $7.79. As of last week, the company has a debt-to-equity ratio of 0.23, a current ratio of 1.59, and a quick ratio of 1.59. The fifty day moving average price for POET is $4.5864 and a two-hundred day moving average price translates $4.44405 for the stock.
The latest earnings results from POET Technologies Inc (NASDAQ: POET) was released for 2025-03-31. The net profit margin was -22377.56% and return on equity was -236.10% for POET. The company reported revenue of $0.17 million for the quarter, compared to $9000.0 a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1755.56 percent. For the current quarter, analysts expect POET to generate $386.18k in revenue.
