For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
Applied Optoelectronics Inc (NASDAQ: AAOI) closed the day trading at $27.85 down -8.75% from the previous closing price of $30.52. In other words, the price has decreased by -$8.75 from its previous closing price. On the day, 2.55 million shares were traded. AAOI stock price reached its highest trading level at $29.7555 during the session, while it also had its lowest trading level at $27.82.
Ratios:
For a better understanding of AAOI, let’s 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 Jan 21 ’25 when Murry Stefan J. sold 2,298 shares for $35.17 per share. The transaction valued at 80,814 led to the insider holds 209,831 shares of the business.
Murry Stefan J. bought 2,298 shares of AAOI for $80,814 on Jan 21 ’25. On Jan 15 ’25, another insider, BLACK RICHARD B, who serves as the Director of the company, sold 10,000 shares for $29.00 each. As a result, the insider received 289,951 and left with 157,813 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 1375589504 and an Enterprise Value of 1342619904. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.37 while its Price-to-Book (P/B) ratio in mrq is 5.89. Its current Enterprise Value per Revenue stands at 6.407 whereas that against EBITDA is -27.543.
Stock Price History:
The Beta on a monthly basis for AAOI is 2.32, which has changed by 0.46168578 over the last 52 weeks, in comparison to a change of 0.21313763 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 -16.30%, while the 200-Day Moving Average is calculated to be 51.60%.
Shares Statistics:
Over the past 3-months, AAOI traded about 3.52M shares per day on average, while over the past 10 days, AAOI traded about 2732390 shares per day. A total of 44.85M shares are outstanding, with a floating share count of 44.65M. Insiders hold about 6.80% of the company’s shares, while institutions hold 67.78% stake in the company. Shares short for AAOI as of 1738281600 were 9550966 with a Short Ratio of 2.40, compared to 1735603200 on 8415378. Therefore, it implies a Short% of Shares Outstanding of 9550966 and a Short% of Float of 20.11.