Applied Optoelectronics Inc (AAOI) concluded trading on Wednesday at a closing price of $44.03, with 4.34 million shares of worth about $191.0 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 316.16% during that period and on December 04, 2024 the price saw a gain of about 5.49%. Currently the company’s common shares owned by public are about 44.85M shares, out of which, 41.55M shares are available for trading.
Stock saw a price change of 18.94% in past 5 days and over the past one month there was a price change of 168.48%. Year-to-date (YTD), AAOI shares are showing a performance of 127.90% which increased to 163.97% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.70 but also hit the highest price of $44.31 during that period. The average intraday trading volume for Applied Optoelectronics Inc shares is 3.26 million. The stock is currently trading 36.86% above its 20-day simple moving average (SMA20), while that difference is up 94.00% for SMA50 and it goes to 210.98% higher than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Applied Optoelectronics Inc (NASDAQ: AAOI) currently have 44.85M outstanding shares and institutions hold larger chunk of about 67.62% of that.
The stock has a current market capitalization of $1.98B and its 3Y-monthly beta is at 2.37. It has posted earnings per share of -$2.07 in the same period. It has Quick Ratio of 1.06 while making debt-to-equity ratio of 0.57. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AAOI, volatility over the week remained 11.08% while standing at 11.96% over the month.
Stock’s fiscal year EPS is expected to drop by -115.68% while it is estimated to increase by 220.30% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Raymond James on September 03, 2024 offering an Outperform rating for the stock and assigned a target price of $17 to it. Coverage by B. Riley Securities stated Applied Optoelectronics Inc (AAOI) stock as a Neutral in their note to investors on February 23, 2024, suggesting a price target of $16 for the stock. On January 30, 2024, Rosenblatt Initiated their recommendations, while on December 13, 2023, B. Riley Securities Reiterated their ratings for the stock with a price target of $22. Stock get a Buy rating from B. Riley Securities on August 04, 2023.
