Applied Optoelectronics Inc (AAOI) concluded trading on Wednesday at a closing price of $27.33, with 6.1 million shares of worth about $166.75 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 230.07% during that period and on February 19, 2025 the price saw a gain of about 3.41%. Currently the company’s common shares owned by public are about 44.85M shares, out of which, 44.83M shares are available for trading.
Stock saw a price change of -1.87% in past 5 days and over the past one month there was a price change of -11.92%. Year-to-date (YTD), AAOI shares are showing a performance of -25.85% which increased to 21.95% 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 $44.50 during that period. The average intraday trading volume for Applied Optoelectronics Inc shares is 3.38 million. The stock is currently trading -2.64% below its 20-day simple moving average (SMA20), while that difference is down -14.12% for SMA50 and it goes to 45.59% higher than SMA200.
Applied Optoelectronics Inc (NASDAQ: AAOI) currently have 44.85M outstanding shares and institutions hold larger chunk of about 64.63% of that.
The stock has a current market capitalization of $1.31B and its 3Y-monthly beta is at 2.32. 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 10.92% while standing at 10.97% over the month.
Stock’s fiscal year EPS is expected to drop by -92.82% while it is estimated to increase by 204.92% 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 B. Riley Securities on December 10, 2024 offering a Sell rating for the stock and assigned a target price range of between $14 and $14 to it. Coverage by Raymond James stated Applied Optoelectronics Inc (AAOI) stock as an Outperform in their note to investors on September 03, 2024, suggesting a price target of $17 for the stock. On February 23, 2024, B. Riley Securities Downgrade their recommendations, while on January 30, 2024, Rosenblatt Initiated their ratings for the stock with a price target of $23. Stock get a Buy rating from B. Riley Securities on December 13, 2023.
