Company’s 36-month beta value is 2.37.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for AAOI is 41.55M, and currently, short sellers hold a 23.66% ratio of that floaft. The average trading volume of AAOI on December 03, 2024 was 3.31M shares.
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AAOI) stock’s latest price update
Applied Optoelectronics Inc (NASDAQ: AAOI) has experienced a decline in its stock price by -1.16 compared to its previous closing price of 41.22. However, the company has seen a gain of 7.24% in its stock price over the last five trading days. globenewswire.com reported 2024-11-26 that SUGAR LAND, Texas, Nov. 26, 2024 (GLOBE NEWSWIRE) — Applied Optoelectronics, Inc. (NASDAQ: AAOI), a leading provider of fiber-optic access network products for the internet datacenter, cable broadband, telecom and fiber-to-the-home (FTTH) markets, today announced the Company will present via a fireside chat at the following investor conference:
AAOI’s Market Performance
AAOI’s stock has risen by 7.24% in the past week, with a monthly rise of 160.82% and a quarterly rise of 232.30%. The volatility ratio for the week is 10.54% while the volatility levels for the last 30 days are 11.57% for Applied Optoelectronics Inc The simple moving average for the last 20 days is 37.96% for AAOI’s stock, with a simple moving average of 192.35% for the last 200 days.
Analysts’ Opinion of AAOI
Many brokerage firms have already submitted their reports for AAOI stocks, with Raymond James repeating the rating for AAOI by listing it as a “Outperform.” The predicted price for AAOI in the upcoming period, according to Raymond James is $17 based on the research report published on September 03, 2024 of the current year 2024.
B. Riley Securities, on the other hand, stated in their research note that they expect to see AAOI reach a price target of $16, previously predicting the price at $22. The rating they have provided for AAOI stocks is “Neutral” according to the report published on February 23rd, 2024.
Rosenblatt gave a rating of “Buy” to AAOI, setting the target price at $23 in the report published on January 30th of the current year.
AAOI Trading at 88.78% 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 -5.37% of loss for the given period.
Volatility was left at 11.57%, however, over the last 30 days, the volatility rate increased by 10.54%, as shares surge +141.92% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +194.58% upper at present.
During the last 5 trading sessions, AAOI rose by +7.24%, which changed the moving average for the period of 200-days by +81.79% in comparison to the 20-day moving average, which settled at $29.53. In addition, Applied Optoelectronics Inc saw 110.87% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AAOI starting from Loboa Elizabeth G, who proposed sale 9,790 shares at the price of $41.46 back on Dec 02 ’24. After this action, Loboa Elizabeth G now owns shares of Applied Optoelectronics Inc, valued at $405,919 using the latest closing price.
BLACK RICHARD B, the Director of Applied Optoelectronics Inc, sale 8,162 shares at $37.18 during a trade that took place back on Nov 26 ’24, which means that BLACK RICHARD B is holding 0 shares at $303,430 based on the most recent closing price.
Stock Fundamentals for AAOI
Current profitability levels for the company are sitting at:
- -0.33 for the present operating margin
- 0.26 for the gross margin
The net margin for Applied Optoelectronics Inc stands at -0.39. The total capital return value is set at -0.24. Equity return is now at value -41.44, with -20.64 for asset returns.
Based on Applied Optoelectronics Inc (AAOI), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at -0.4. The debt to equity ratio resting at 0.51. The interest coverage ratio of the stock is -8.41.
Currently, EBITDA for the company is -26.18 million with net debt to EBITDA at -1.45. When we switch over and look at the enterprise to sales, we see a ratio of 9.13. The receivables turnover for the company is 2.79for trailing twelve months and the total asset turnover is 0.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.61.
Conclusion
In a nutshell, Applied Optoelectronics Inc (AAOI) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
