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The closing price of Applied Optoelectronics Inc (NASDAQ: AAOI) was $41.74 for the day, up 2.45% from the previous closing price of $40.74. In other words, the price has increased by $2.45 from its previous closing price. On the day, 3.12 million shares were traded. AAOI stock price reached its highest trading level at $44.315 during the session, while it also had its lowest trading level at $40.2532.
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.
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:
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 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 1881564160 and an Enterprise Value of 1968756224. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.98 while its Price-to-Book (P/B) ratio in mrq is 8.83. Its current Enterprise Value per Revenue stands at 9.395 whereas that against EBITDA is -40.387.
Stock Price History:
Over the past 52 weeks, AAOI has reached a high of $43.88, while it has fallen to a 52-week low of $6.70. The 50-Day Moving Average of the stock is 88.57%, while the 200-Day Moving Average is calculated to be 197.35%.
Shares Statistics:
AAOI traded an average of 3.31M shares per day over the past three months and 4081450 shares per day over the past ten days. A total of 44.85M shares are outstanding, with a floating share count of 41.55M. Shares short for AAOI as of 1731628800 were 9831506 with a Short Ratio of 2.97, compared to 1728950400 on 10922656. Therefore, it implies a Short% of Shares Outstanding of 9831506 and a Short% of Float of 22.770001.
