POET Technologies Inc (NASDAQ:POET)’s traded shares stood at 1.56 million during the last session, with the company’s beta value hitting 0.35. At the close of trading, the stock’s price was $3.81, to imply an increase of 18.69% or $0.6 in intraday trading. The POET share’s 52-week high remains $7.79, putting it -104.46% down since that peak but still an impressive 73.75% since price per share fell to its 52-week low of $1.00. The company has a valuation of $297.45M, with an average of 1.11 million shares in intraday trading volume over the past 10 days and average of 1.49 million shares over the past 3 months.

POET Technologies Inc (NASDAQ:POET) trade information

After registering a 18.69% upside in the last session, POET Technologies Inc (POET) has traded red over the past five days. The 5-day price performance for the stock is -1.30%, and 10.12% over 30 days. With these gigs, the year-to-date price performance is -35.97%. Short interest in POET Technologies Inc (NASDAQ:POET) saw shorts transact 3.61 million shares and set a 2.74 days time to cover.

The extremes give us $3.5 and $3.5 for target low and target high price respectively. As such, POET has been trading 8.14% off suggested target high and 8.14% from its likely low.

POET Technologies Inc (POET) estimates and forecasts

The rating firms project that company’s revenue will grow 9,743.44% compared to the previous financial year.

Revenue forecast for the current quarter as set by 2 analysts is 560.5k. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 1.05M.

POET Dividends

POET Technologies Inc has its next earnings report out on 2025-Mar-30. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

POET Technologies Inc (NASDAQ:POET)’s Major holders

POET Technologies Inc insiders hold 0.74% of total outstanding shares, with institutional holders owning 7.12% of the shares at 7.18% float percentage. In total, 7.12% institutions holds shares in the company, led by MMCAP INTERNATIONAL INC. SPC. As of 2024-06-30, the company held over 2.86 million shares (or 5.079% of shares), all amounting to roughly $5.93 million.

The next major institution holding the largest number of shares is BANK OF MONTREAL /CAN/ with 0.12 million shares, or about 0.2655% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.22 million.

Going by data provided on Feb 28, 2025 , Fidelity Concord Street Trust-Fidelity Nasdaq Composite Index Fund holds roughly 33.9 shares. This is just over 0.04% of the total shares, with a market valuation of $0.13 million