POET Technologies Inc (NASDAQ:POET) shares, rose in value on Thursday, July 10, with the stock price up by 14.92% to the previous day’s close as strong demand from buyers drove the stock to $7.01.
Actively observing the price movement in the last trading, the stock closed the session at $6.1, falling within a range of $6.56 and $7.28. The value of beta (5-year monthly) was 0.51. Referring to stock’s 52-week performance, its high was $7.79, and the low was $2.27. On the whole, POET has fluctuated by 66.51% over the past month.
With the market capitalization of POET Technologies Inc currently standing at about $592.98 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-14.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 4.82M, with a low estimate of 386.18k and a high estimate of 386.18k. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 386.18k.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that POET’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of POET currently trading nearly 42.53% and 52.85% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 76.27, while the 7-day volatility ratio is showing 10.31% which for the 30-day chart, stands at 8.22%. Furthermore, POET Technologies Inc (POET)’s beta value is 0.33.
A comparison of POET Technologies Inc (POET) with its peers suggests the former has fared considerably weaker in the market. POET showed an intraday change of 14.92% in last session, and over the past year, it grew by 17.82%%.
Data on historical trading for POET Technologies Inc (NASDAQ:POET) indicates that the trading volumes over the past 10 days have averaged 3.49 and over the past 3 months, they’ve averaged 1.17 million. According to company’s latest data on outstanding shares, there are 84.59 million shares outstanding.
Nearly 0.92% of POET Technologies Inc’s shares belong to company insiders and institutional investors own 3.51% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.98 million shares as on 2025-06-13, resulting in a short ratio of 4.82. According to the data, the short interest in POET Technologies Inc (POET) stood at 474.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 3.18 million. The stock has risen by 118.38% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the POET stock heading into the next quarter.
