How to Buy Poet Technologies Stock
Poet Technologies Inc
POET Technologies Inc. designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, and Singapore.
Poet Technologies stock last closed at $3.78, up 0.4% from the previous day, and has increased 255.8% in one year. It has overperformed other stocks in the Semiconductors industry by 2.76 percentage points. Poet Technologies stock is currently +214.58% from its 52-week low of $1.20, and -51.54% from its 52-week high of $7.79.
At the moment, there are 76.51M POET shares outstanding. The market value of POET is $288.81M. In the past 24 hours, 341,843 POET shares were traded.
How to Buy Poet Technologies Stock
Wondering how to invest in Poet Technologies stock? Here's how.
- Choose where to buy Poet Technologies stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Poet Technologies stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Select your method of payment and add your details.
- Research Poet Technologies stock: The Poet Technologies ticker symbol is POET. Is Poet Technologies stock a good investment? Should you buy shares of POET? How do POET's underlying business fundamentals look? Do top analysts think Poet Technologies is a good buy? Why has POET's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if POET is a good stock to buy).
- Execute your POET buy order: Decide if you will purchase POET shares at the current market price or use a limit order to purchase POET shares at a given price.
- Watch your investment in POET: Create a watchlist to track your new investment in Poet Technologies shares.
Step 1: Choose where to buy Poet Technologies stock
You will need a brokerage account to access the NASDAQ market and buy POET shares.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the best brokerage, it's time to fill out some personal info so you are able to buy POET stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start a new brokerage account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have created your account on the best stock trading app for beginners, your next step is to transfer the money for your investment:
Check out the video below for more details transferring funds into your new brokerage account.
Step 4: Research Poet Technologies stock
Once you have chosen the best place to buy Poet Technologies stock, it's crucial to analyze their stock before you buy, so you actually comprehend the risk as well as the upside.
Poet Technologies stock quick numbers
Fundamentals of Poet Technologies
WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on POET's stock page.
Is POET stock undervalued or overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge POET's intrinsic value.
Using relative valuations metrics:
- POET may be overvalued based on its P/B ratio of 13.96x, relative to Semiconductors industry P/B ratio of 7.38x
You can do more valuation research on POET's stock here.
POET Financials at a glance
Signs that POET is financially healthy:
- POET has cash burn of 30073026. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the POET balance sheet.
- There are more short-term assets than short-term liabilities on the POET balance sheet.
Signs that POET is not financially healthy:
- POET has $53.82M in cash and short term investments. This is not enough to cover its annual cash burn of $30.07M.
- POET has a relatively high debt to equity ratio of 2.37.
- Total POET debt is higher than 5 years ago, relative to shareholder equity.
- POET profit margin has gone down from -4,351.3% to -136,857.2% in the past year.
Is it a good time to buy Poet Technologies stock, according to analysts?
Out of 2 Equities analysts who give recommendations on POET, the consensus analyst rating on Poet Technologies is a Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Poet Technologies stock forecast page.
POET Momentum
POET Performance Metrics
Last year, POET revenue was $41.43k. During the past 3 year, POET's revenue has gone up by -92.9% per year. This was slower than the Semiconductors industry average of 39.77%.
You can research POET's earnings and revenue performance here.
Latest Insiders Trades at POET
Over the past 12 months, executives and large shareholders at POET have not bought or sold any shares.
Get more info about who owns POET stock here.
Does POET stock generate passive income?
No, Poet Technologies doesn't provide an income stream by paying out dividends.
POET Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your POET buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a particular price, place a limit order.
Press the Open Trade button and eToro will execute the order.
If you need more help with buying stocks on eToro, watch the helpful video below:
Step 6: Watch your investment in POET
Now that you own some POET stock, you'll want to keep up with your new company.
Make a watchlist to get alerted to the latest events about your POET stock.
POET Feed
How to Buy Stock in Poet Technologies
To reiterate, here are the 6 steps to buy stock in Poet Technologies:
- Choose where to buy Poet Technologies stock
- Open a brokerage account
- Put funds into your brokerage account
- Research Poet Technologies stock
- Execute your POET buy order
- Watch your investment in POET
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Poet Technologies, create your watchlist below.
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