Poet Technologies Stock Today

POET Stock  USD 3.75  0.10  2.60%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Over 54

 
High
 
Low
Average
POET Technologies is selling for under 3.75 as of the 15th of October 2024; that is 2.6 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 3.71. POET Technologies has 54 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for POET Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of September 2024 and ending today, the 15th of October 2024. Click here to learn more.
Business Domain
Semiconductors & Semiconductor Equipment
IPO Date
4th of January 2016
Category
Technology
Classification
Information Technology
POET Technologies Inc. designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, and Singapore. POET Technologies Inc. was incorporated in 1972 and is headquartered in Toronto, Canada. Poet Technologies operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange.. The company has 69.6 M outstanding shares of which 2.09 M shares are at this time shorted by private and institutional investors with about 0.79 trading days to cover. More on POET Technologies

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POET Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Executive CEOSuresh Venkatesan
Business ConcentrationSemiconductors & Semiconductor Equipment, Information Technology, NASDAQ Composite, Information Technology, Semiconductors & Semiconductor Equipment, Semiconductors, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.05160.0543
Notably Down
Slightly volatile
Total Current Liabilities1.9 M2.5 M
Way Down
Slightly volatile
Non Current Liabilities Total1.4 M1.3 M
Sufficiently Up
Slightly volatile
Total Assets17 M8.7 M
Way Up
Slightly volatile
Total Current AssetsM3.2 M
Notably Down
Pretty Stable
Debt Levels
POET Technologies can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand POET Technologies' financial leverage. It provides some insight into what part of POET Technologies' total assets is financed by creditors.
Liquidity
POET Technologies currently holds 509.46 K in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest the company is not taking enough advantage from borrowing. POET Technologies has a current ratio of 7.95, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about POET Technologies' use of debt, we should always consider it together with its cash and equity.

Net Income

(19.61 Million)
POET Technologies (POET) is traded on NASDAQ Exchange in USA. It is located in 120 Eglinton Avenue East, Toronto, ON, Canada, M4P 1E2 and employs 12 people. POET Technologies is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 270.15 M. POET Technologies conducts business under Semiconductors & Semiconductor Equipment sector and is part of Information Technology industry. The entity has 69.6 M outstanding shares of which 2.09 M shares are at this time shorted by private and institutional investors with about 0.79 trading days to cover. POET Technologies currently holds about 13.76 M in cash with (15.69 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.38.
Check POET Technologies Probability Of Bankruptcy
Ownership Allocation
POET Technologies owns a total of 69.6 Million outstanding shares. Roughly 93.94 pct. of POET Technologies outstanding shares are held by general public with 0.82 % owned by insiders and only 5.24 (%) by third-party entities. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check POET Ownership Details

POET Stock Institutional Holders

InstituionRecorded OnShares
Royal Bank Of Canada2024-06-30
19 K
Raymond James & Associates2024-06-30
10.1 K
Two Sigma Securities, Llc2024-06-30
10 K
Ubs Group Ag2024-06-30
8.5 K
Simplex Trading, Llc2024-06-30
7.9 K
Morgan Stanley - Brokerage Accounts2024-06-30
5.7 K
Advisor Group Holdings, Inc.2024-06-30
5.3 K
Td Waterhouse Canada Inc2024-06-30
3.7 K
Federation Des Caisses Desjardins Du Quebec2024-06-30
K
Mmcap International Inc. Spc2024-06-30
2.9 M
Bank Of Montreal2024-06-30
123.6 K
View POET Technologies Diagnostics

POET Technologies Historical Income Statement

At this time, POET Technologies' Depreciation And Amortization is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 1.3 M in 2024, despite the fact that Operating Income is likely to grow to (19.7 M). View More Fundamentals

POET Stock Against Markets

POET Technologies Corporate Management

Additional Tools for POET Stock Analysis

When running POET Technologies' price analysis, check to measure POET Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy POET Technologies is operating at the current time. Most of POET Technologies' value examination focuses on studying past and present price action to predict the probability of POET Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move POET Technologies' price. Additionally, you may evaluate how the addition of POET Technologies to your portfolios can decrease your overall portfolio volatility.