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After finishing at $35.60 in the prior trading day, Applied Optoelectronics Inc (NASDAQ: AAOI) closed at $37.90, up 6.46%. In other words, the price has increased by $6.46 from its previous closing price. On the day, 2.4 million shares were traded. AAOI stock price reached its highest trading level at $38.63 during the session, while it also had its lowest trading level at $35.32.
Ratios:
Our goal is to gain a better understanding of AAOI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.06 and its Current Ratio is at 1.61. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.38.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, B. Riley Securities on December 10, 2024, Downgraded its rating to Sell and sets its target price to $14 from $14 previously.
On September 03, 2024, Raymond James Upgraded its rating to Outperform which previously was Mkt Perform but kept the price unchanged to $17.
B. Riley Securities Downgraded its Buy to Neutral on February 23, 2024, whereas the target price for the stock was revised from $22 to $16.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 16 ’24 when BLACK RICHARD B sold 10,000 shares for $35.27 per share. The transaction valued at 352,672 led to the insider holds 167,813 shares of the business.
Yeh William H bought 10,000 shares of AAOI for $430,807 on Dec 03 ’24. On Dec 03 ’24, another insider, Yeh William H, who serves as the Director of the company, sold 10,000 shares for $43.08 each. As a result, the insider received 430,807 and left with 223,538 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AAOI now has a Market Capitalization of 1871987200 and an Enterprise Value of 1795655936. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.22 while its Price-to-Book (P/B) ratio in mrq is 8.02. Its current Enterprise Value per Revenue stands at 8.569 whereas that against EBITDA is -36.836.
Stock Price History:
Over the past 52 weeks, AAOI has reached a high of $44.50, while it has fallen to a 52-week low of $6.70. The 50-Day Moving Average of the stock is 24.00%, while the 200-Day Moving Average is calculated to be 133.06%.
Shares Statistics:
The stock has traded on average 3.66M shares per day over the past 3-months and 2775550 shares per day over the last 10 days, according to various share statistics. A total of 44.85M shares are outstanding, with a floating share count of 44.56M. Insiders hold about 6.99% of the company’s shares, while institutions hold 63.56% stake in the company. Shares short for AAOI as of 1734048000 were 9562174 with a Short Ratio of 2.61, compared to 1731628800 on 9831506. Therefore, it implies a Short% of Shares Outstanding of 9562174 and a Short% of Float of 22.15.
