Trading Day Review: Applied Optoelectronics Inc (AAOI) Gains Momentum, Closing at 36.43

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The price of Applied Optoelectronics Inc (NASDAQ: AAOI) closed at $36.43 in the last session, up 10.39% from day before closing price of $33.00. In other words, the price has increased by $10.39 from its previous closing price. On the day, 4.18 million shares were traded. AAOI stock price reached its highest trading level at $38.24 during the session, while it also had its lowest trading level at $33.56.

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.

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:

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 1642198784 and an Enterprise Value of 1729390976. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.65 while its Price-to-Book (P/B) ratio in mrq is 7.70. Its current Enterprise Value per Revenue stands at 8.253 whereas that against EBITDA is -35.477.

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 42.19%, while the 200-Day Moving Average is calculated to be 145.86%.

Shares Statistics:

According to the various share statistics, AAOI traded on average about 3.49M shares per day over the past 3-months and 4701930 shares per day over the past 10 days. A total of 44.85M shares are outstanding, with a floating share count of 41.92M. Insiders hold about 7.01% of the company’s shares, while institutions hold 67.63% stake in the company. Shares short for AAOI as of 1732838400 were 9273849 with a Short Ratio of 2.66, compared to 1730332800 on 10813841. Therefore, it implies a Short% of Shares Outstanding of 9273849 and a Short% of Float of 21.48.

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