POET Technologies Inc (NASDAQ:POET) price on current trading day, fall -4.69% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $6.33.
A look at the stock’s price movement, the level at last check in today’s session was $6.64, moving within a range at $6.23 and $6.73. The beta value (5-Year monthly) was 0.541. Turning to its 52-week performance, $7.79 and $2.27 were the 52-week high and 52-week low respectively. Overall, POET moved 46.83% over the past month.
POET Technologies Inc’s market cap currently stands at around $535.31 million, with investors looking forward to this quarter’s earnings report slated for on 2025-May-14.
Turning to the stock’s technical picture we see that short term indicators suggest on average that POET is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
POET’s current price about 2.78% and 24.90% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 56.02, while 7-day volatility ratio is 9.55% and 10.54% in the 30-day chart. Further, POET Technologies Inc (POET) has a beta value of 0.36. Analysts have given the company’s stock an average 52-week price target of $3.5, forecast between a low of $3.5 and high of $3.5. Looking at the price targets, the low is 44.71% off recent price level in today’s trading while to achieve the yearly target high, it has to move 44.71%. Nonetheless, investors will most likely welcome a 44.71% jump to $3.5 which is the analysts’ median price.
If we refocus on POET Technologies Inc (NASDAQ:POET), historical trading data shows that trading volumes averaged 4.12 over the past 10 days and 1.74 million over the past 3 months. The company’s latest data on shares outstanding shows there are 84.59 million shares.
The 1.20% of POET Technologies Inc’s shares are in the hands of company insiders while institutional holders own 3.58% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 4.73 million on 2025-06-30, giving us a short ratio of 2.93. The data shows that as of 2025-06-30 short interest in POET Technologies Inc (POET) stood at 559.99998 of shares outstanding, with shares short rising to 3.62 million registered in 2025-05-30. Current price change has pushed the stock 99.63% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the POET stock continues to rise going into the next quarter.
