POET Technologies Inc (NASDAQ: POET) stock closed at $4.17 on 10/16/24 after a major increase of 13.9%. Moreover, this advance was accompanied by above average trading volume at 126% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -1.0% during the last week.
Current PriceTarget Research Rating
POET is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
POET Technologies has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. POET Technologies has a very low Appreciation Score of 0 but a very high Power Rating of 92, with the Low Neutral Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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