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The price of Applied Optoelectronics Inc (NASDAQ: AAOI) closed at $38.88 in the last session, up 12.76% from day before closing price of $34.48. In other words, the price has increased by $12.76 from its previous closing price. On the day, 6.02 million shares were traded. AAOI stock price reached its highest trading level at $41.2899 during the session, while it also had its lowest trading level at $36.35.
Ratios:
We take a closer look at AAOI’s different ratios to gain a better understanding of the stock. 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.
On February 23, 2024, B. Riley Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $22 to $16.
On January 30, 2024, Rosenblatt started tracking the stock assigning a Buy rating and target price of $23.Rosenblatt initiated its Buy rating on January 30, 2024, with a $23 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 03 ’24 when Yeh William H bought 10,000 shares for $43.08 per share.
Yeh William H sold 10,000 shares of AAOI for $430,807 on Dec 03 ’24. The Director now owns 223,538 shares after completing the transaction at $43.08 per share. On Dec 02 ’24, another insider, Loboa Elizabeth G, who serves as the Director of the company, sold 9,790 shares for $41.46 each. As a result, the insider received 405,919 and left with 114,710 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 1752640512 and an Enterprise Value of 1839832576. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.43 while its Price-to-Book (P/B) ratio in mrq is 8.22. Its current Enterprise Value per Revenue stands at 8.78 whereas that against EBITDA is -37.742.
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 65.03%, while the 200-Day Moving Average is calculated to be 171.36%.
Shares Statistics:
According to the various share statistics, AAOI traded on average about 3.35M shares per day over the past 3-months and 4468040 shares per day over the past 10 days. A total of 44.85M shares are outstanding, with a floating share count of 41.59M. Insiders hold about 7.80% of the company’s shares, while institutions hold 67.63% stake in the company. Shares short for AAOI as of 1731628800 were 9831506 with a Short Ratio of 2.93, compared to 1728950400 on 10922656. Therefore, it implies a Short% of Shares Outstanding of 9831506 and a Short% of Float of 22.770001.
