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As of close of business last night, Applied Optoelectronics Inc’s stock clocked out at $37.02, down -2.35% from its previous closing price of $37.91. In other words, the price has decreased by -$2.35 from its previous closing price. On the day, 2.65 million shares were traded. AAOI stock price reached its highest trading level at $39.41 during the session, while it also had its lowest trading level at $36.17.
Ratios:
To gain a deeper understanding of AAOI’s stock, we examine 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.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 26 ’24 when BLACK RICHARD B bought 8,162 shares for $37.18 per share.
Murry Stefan J. sold 5,000 shares of AAOI for $157,784 on Nov 20 ’24. The Chief Financial Officer now owns 216,129 shares after completing the transaction at $31.56 per share. On Nov 20 ’24, another insider, Chang Hung-Lun (Fred), who serves as the of the company, sold 20,323 shares for $30.35 each. As a result, the insider received 616,832 and left with 195,572 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 1668795008 and an Enterprise Value of 1755987072. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.96 while its Price-to-Book (P/B) ratio in mrq is 7.83. Its current Enterprise Value per Revenue stands at 8.38 whereas that against EBITDA is -36.022.
Stock Price History:
Over the past 52 weeks, AAOI has reached a high of $39.61, while it has fallen to a 52-week low of $6.70. The 50-Day Moving Average of the stock is 84.73%, while the 200-Day Moving Average is calculated to be 171.13%.
Shares Statistics:
It appears that AAOI traded 3.23M shares on average per day over the past three months and 4132630 shares per day over the past ten days. A total of 45.08M shares are outstanding, with a floating share count of 41.51M. Insiders hold about 7.92% of the company’s shares, while institutions hold 67.62% stake in the company. Shares short for AAOI as of 1731628800 were 9831506 with a Short Ratio of 3.35, compared to 1728950400 on 10922656. Therefore, it implies a Short% of Shares Outstanding of 9831506 and a Short% of Float of 22.770001.
