NASDAQ
POET

POET Technologies Inc

Semiconductors
Technology

Prices are adjusted according to historical splits.

POET Technologies Inc Stock Price

Vitals

Today's Low:
$3.45
Today's High:
$3.63
Open Price:
$3.52
52W Low:
$2.34
52W High:
$6.23
Prev. Close:
$3.48
Volume:
18503

Company Statistics

Market Cap.:
$158.51 million
Book Value:
0.288
Revenue TTM:
$790713
Operating Margin TTM:
-2517.84%
Gross Profit TTM:
$209100
Profit Margin:
0%
Return on Assets TTM:
-76.1%
Return on Equity TTM:
-141.32%

Company Profile

POET Technologies Inc had its IPO on 2016-01-04 under the ticker symbol POET.

The company operates in the Technology sector and Semiconductors industry. POET Technologies Inc has a staff strength of 53 employees.

Stock update

Shares of POET Technologies Inc opened at $3.52 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $3.45 - $3.63, and closed at $3.53.

This is a +1.44% increase from the previous day's closing price.

A total volume of 18,503 shares were traded at the close of the day’s session.

In the last one week, shares of POET Technologies Inc have slipped by -7.35%.

POET Technologies Inc's Key Ratios

POET Technologies Inc has a market cap of $158.51 million, indicating a price to book ratio of 8.8491 and a price to sales ratio of 317.1455.

In the last 12-months POET Technologies Inc’s revenue was $790713 with a gross profit of $209100 and an EBITDA of $-18471824. The EBITDA ratio measures POET Technologies Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, POET Technologies Inc’s operating margin was -2517.84% while its return on assets stood at -76.1% with a return of equity of -141.32%.

In Q2, POET Technologies Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 47.5%.

POET Technologies Inc’s PE and PEG Ratio

Forward PE
0
Trailing PE
0
PEG

Its diluted EPS in the last 12-months stands at $-0.56 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into POET Technologies Inc’s profitability.

POET Technologies Inc stock is trading at a EV to sales ratio of 292.5675 and a EV to EBITDA ratio of -6.0194. Its price to sales ratio in the trailing 12-months stood at 317.1455.

POET Technologies Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$14.15 million
Total Liabilities
$2.25 million
Operating Cash Flow
$0
Capital Expenditure
$59649
Dividend Payout Ratio
0%

POET Technologies Inc ended 2024 with $14.15 million in total assets and $0 in total liabilities. Its intangible assets were valued at $14.15 million while shareholder equity stood at $11.62 million.

POET Technologies Inc ended 2024 with $0 in deferred long-term liabilities, $2.25 million in other current liabilities, 163747008.00 in common stock, $-203683570.00 in retained earnings and $0 in goodwill. Its cash balance stood at $8.51 million and cash and short-term investments were $8.51 million. The company’s total short-term debt was $210,158 while long-term debt stood at $0.

POET Technologies Inc’s total current assets stands at $8.81 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $72549.00 compared to accounts payable of $1.37 million and inventory worth $0.

In 2024, POET Technologies Inc's operating cash flow was $0 while its capital expenditure stood at $59649.

Comparatively, POET Technologies Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$3.53
52-Week High
$6.23
52-Week Low
$2.34
Analyst Target Price
$9

POET Technologies Inc stock is currently trading at $3.53 per share. It touched a 52-week high of $6.23 and a 52-week low of $6.23. Analysts tracking the stock have a 12-month average target price of $9.

Its 50-day moving average was $3.98 and 200-day moving average was $4.07 The short ratio stood at 5.56 indicating a short percent outstanding of 0%.

Around 64.3% of the company’s stock are held by insiders while 208.4% are held by institutions.

Frequently Asked Questions About POET Technologies Inc

The stock symbol (also called stock or share ticker) of POET Technologies Inc is POET

The IPO of POET Technologies Inc took place on 2016-01-04

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About

POET Technologies Inc. designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, Singapore, and China. It offers integration solutions based on the POET Optical Interposer, a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module using advanced wafer-level semiconductor manufacturing techniques. It also develops photonic integrated components. The company serves the data center, telecommunications, Internet of things and industrial sensing, automotive LIDAR, optical coherence tomography for medical devices, and virtual reality systems markets. The company was formerly known as Opel Technologies Inc. and changed its name to POET Technologies Inc. in June 2013. POET Technologies Inc. was incorporated in 1972 and is headquartered in Toronto, Canada.

Address

120 Eglinton Avenue East, Toronto, ON, Canada, M4P 1E2