Evaluating the Ups and Downs of Applied Optoelectronics Inc’s (AAOI) Stock

The stock of Applied Optoelectronics Inc (AAOI) has seen a -11.85% decrease in the past week, with a 5.96% gain in the past month, and a -31.93% decrease in the past quarter. The volatility ratio for the week is 7.85%, and the volatility levels for the past 30 days are at 8.27% for AAOI.. The simple moving average for the past 20 days is -8.19% for AAOI’s stock, with a -23.63% simple moving average for the past 200 days.

Is It Worth Investing in Applied Optoelectronics Inc (NASDAQ: AAOI) Right Now?

Company’s 36-month beta value is 2.04.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 2 as “sell.”

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The public float for AAOI is 35.73M, and currently, short sellers hold a 27.66% ratio of that floaft. The average trading volume of AAOI on June 03, 2024 was 1.93M shares.

AAOI) stock’s latest price update

The stock price of Applied Optoelectronics Inc (NASDAQ: AAOI) has dropped by -9.49 compared to previous close of 11.59. Despite this, the company has seen a fall of -11.85% in its stock price over the last five trading days. investorplace.com reported 2024-05-27 that As a rule of thumb, overlooked low-priced stocks are that way for a reason. And usually, that reason isn’t particularly a good one.

Analysts’ Opinion of AAOI

Many brokerage firms have already submitted their reports for AAOI stocks, with B. Riley Securities repeating the rating for AAOI by listing it as a “Neutral.” The predicted price for AAOI in the upcoming period, according to B. Riley Securities is $16 based on the research report published on February 23, 2024 of the current year 2024.

Rosenblatt, on the other hand, stated in their research note that they expect to see AAOI reach a price target of $23. The rating they have provided for AAOI stocks is “Buy” according to the report published on January 30th, 2024.

B. Riley Securities gave a rating of “Buy” to AAOI, setting the target price at $22 in the report published on December 13th of the previous year.

AAOI Trading at -12.42% from the 50-Day Moving Average

After a stumble in the market that brought AAOI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -57.62% of loss for the given period.

Volatility was left at 8.27%, however, over the last 30 days, the volatility rate increased by 7.85%, as shares surge +1.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -27.51% lower at present.

During the last 5 trading sessions, AAOI fell by -11.85%, which changed the moving average for the period of 200-days by -29.07% in comparison to the 20-day moving average, which settled at $11.43. In addition, Applied Optoelectronics Inc saw -45.70% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at AAOI starting from Yeh William H, who purchase 9,800 shares at the price of $10.54 back on May 14 ’24. After this action, Yeh William H now owns 217,055 shares of Applied Optoelectronics Inc, valued at $103,292 using the latest closing price.

Lin Che-Wei, the Director of Applied Optoelectronics Inc, purchase 31,370 shares at $12.70 during a trade that took place back on Mar 18 ’24, which means that Lin Che-Wei is holding 220,133 shares at $398,283 based on the most recent closing price.

Stock Fundamentals for AAOI

Current profitability levels for the company are sitting at:

  • -0.24 for the present operating margin
  • 0.28 for the gross margin

The net margin for Applied Optoelectronics Inc stands at -0.31. The total capital return value is set at -0.18. Equity return is now at value -34.16, with -17.13 for asset returns.

Based on Applied Optoelectronics Inc (AAOI), the company’s capital structure generated 0.36 points at debt to capital in total, while cash flow to debt ratio is standing at -0.24. The debt to equity ratio resting at 0.57. The interest coverage ratio of the stock is -9.79.

Currently, EBITDA for the company is -26.84 million with net debt to EBITDA at -2.48. When we switch over and look at the enterprise to sales, we see a ratio of 2.47. The receivables turnover for the company is 3.55for trailing twelve months and the total asset turnover is 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.79.

Conclusion

In a nutshell, Applied Optoelectronics Inc (AAOI) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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