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The price of Applied Optoelectronics Inc (NASDAQ: AAOI) closed at $28.54 in the last session, up 0.88% from day before closing price of $28.29. In other words, the price has increased by $0.88 from its previous closing price. On the day, 3.63 million shares were traded. AAOI stock price reached its highest trading level at $28.93 during the session, while it also had its lowest trading level at $27.2.
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 Nov 08 ’24 when Kuo David C sold 10,000 shares for $26.93 per share. The transaction valued at 269,273 led to the insider holds 118,122 shares of the business.
Kuo David C sold 6,267 shares of AAOI for $181,032 on Nov 12 ’24. The now owns 111,855 shares after completing the transaction at $28.89 per share. On Nov 08 ’24, another insider, Chang Hung-Lun (Fred), who serves as the of the company, sold 18,915 shares for $23.49 each. As a result, the insider received 444,314 and left with 215,895 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 1286531840 and an Enterprise Value of 1372371584. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.14 while its Price-to-Book (P/B) ratio in mrq is 6.04. Its current Enterprise Value per Revenue stands at 6.549 whereas that against EBITDA is -28.153.
Stock Price History:
Over the past 52 weeks, AAOI has reached a high of $28.70, while it has fallen to a 52-week low of $6.70. The 50-Day Moving Average of the stock is 75.54%, while the 200-Day Moving Average is calculated to be 119.86%.
Shares Statistics:
According to the various share statistics, AAOI traded on average about 2.85M shares per day over the past 3-months and 5293290 shares per day over the past 10 days. A total of 45.08M shares are outstanding, with a floating share count of 41.46M. Insiders hold about 8.03% of the company’s shares, while institutions hold 69.77% stake in the company. Shares short for AAOI as of 1728950400 were 10922656 with a Short Ratio of 3.79, compared to 1726185600 on 11411982. Therefore, it implies a Short% of Shares Outstanding of 10922656 and a Short% of Float of 28.01.
