Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Applied Optoelectronics Inc (NASDAQ: AAOI) was $27.79 for the day, down -4.14% from the previous closing price of $28.99. In other words, the price has decreased by -$4.14 from its previous closing price. On the day, 2.62 million shares were traded. AAOI stock price reached its highest trading level at $29.895 during the session, while it also had its lowest trading level at $27.0.
Ratios:
Our analysis of AAOI’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 1372625920 and an Enterprise Value of 1339915264. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.35 while its Price-to-Book (P/B) ratio in mrq is 5.88. Its current Enterprise Value per Revenue stands at 6.394 whereas that against EBITDA is -27.487.
Stock Price History:
The Beta on a monthly basis for AAOI is 2.41, which has changed by 0.7194543 over the last 52 weeks, in comparison to a change of 0.23147523 over the same period for the S&P500. 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 -13.98%, while the 200-Day Moving Average is calculated to be 65.76%.
Shares Statistics:
AAOI traded an average of 3.72M shares per day over the past three months and 2597950 shares per day over the past ten days. 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 63.37% stake in the company. Shares short for AAOI as of 1735603200 were 8415378 with a Short Ratio of 2.26, compared to 1732838400 on 9273849. Therefore, it implies a Short% of Shares Outstanding of 8415378 and a Short% of Float of 17.719999.
