Applied Optoelectronics Inc (AAOI) volume hits 1.27 million: A New Opening for Investors

Applied Optoelectronics Inc (NASDAQ: AAOI) started the day on Wednesday, with a price decrease of -3.64% at $10.85, before settling in for the price of $11.26 at the close. Taking a more long-term approach, AAOI posted a 52-week range of $1.60-$24.75.

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It was noted that the giant of the Technology sector posted annual sales growth of -2.51% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -74.26%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 77.88%. This publicly-traded company’s shares outstanding now amounts to $38.15 million, simultaneously with a float of $35.57 million. The organization now has a market capitalization sitting at $416.64 million. At the time of writing, stock’s 50-day Moving Average stood at $14.41, while the 200-day Moving Average is $13.51.

Applied Optoelectronics Inc (AAOI) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Communication Equipment Industry. Applied Optoelectronics Inc’s current insider ownership accounts for 7.36%, in contrast to 64.33% institutional ownership. According to the most recent insider trade that took place on Mar 18 ’24, this organization’s Director bought 31,370 shares at the rate of 12.70, making the entire transaction reach 398,283 in total value, affecting insider ownership by 220,133. Preceding that transaction, on Mar 18 ’24, Company’s President and CEO bought 11,780 for 12.66, making the whole transaction’s value amount to 149,169. This particular insider is now the holder of 1,218,160 in total.

Applied Optoelectronics Inc (AAOI) Earnings and Revenue Records

Applied Optoelectronics Inc’s EPS increase for this current 12-month fiscal period is 77.88% and is forecasted to reach 0.87 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 13.00% through the next 5 years, which can be compared against the -74.26% growth it accomplished over the previous five years trading on the market.

Applied Optoelectronics Inc (NASDAQ: AAOI) Trading Performance Indicators

Let’s observe the current performance indicators for Applied Optoelectronics Inc (AAOI). It’s Quick Ratio in the last reported quarter now stands at 1.16. The Stock has managed to achieve an average true range (ATR) of 0.92. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.91.

In the same vein, AAOI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.79, a figure that is expected to reach -0.29 in the next quarter, and analysts are predicting that it will be 0.87 at the market close of one year from today.

Technical Analysis of Applied Optoelectronics Inc (AAOI)

If we take a close look at the recent performances of Applied Optoelectronics Inc (NASDAQ: AAOI), its last 5-days Average volume was 1.88 million that shows plunge from its year to date volume of 2.81 million. During the previous 9 days, stock’s Stochastic %D was recorded 14.52% While, its Average True Range was 0.87.

Raw Stochastic average of Applied Optoelectronics Inc (AAOI) in the period of the previous 100 days is set at 0.93%, which indicates a major fall in contrast to 5.24% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 60.04% that was lower than 114.41% volatility it exhibited in the past 100-days period.