Applied Optoelectronics Inc (NASDAQ: AAOI) kicked off on Tuesday, down -2.23% from the previous trading day, before settling in for the closing price of $8.08. Over the past 52 weeks, AAOI has traded in a range of $5.71-$24.75.
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During the last 5-year period, the sales drop of Technology Sector giant was -2.51%. While this was happening, its average annual earnings per share was recorded 1.79%. With a float of $35.51 million, this company’s outstanding shares have now reached $38.15 million.
Let’s determine the extent of company efficiency that accounts for 2149 employees.
Applied Optoelectronics Inc (AAOI) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Communication Equipment Industry. The insider ownership of Applied Optoelectronics Inc is 8.74%, while institutional ownership is 69.35%. The most recent insider transaction that took place on May 14 ’24, was worth 103,292. In this transaction Director of this company bought 9,800 shares at a rate of $10.54, taking the stock ownership to the 217,055 shares. Before that another transaction happened on Mar 18 ’24, when Company’s Director bought 31,370 for $12.70, making the entire transaction worth $398,283. This insider now owns 220,133 shares in total.
Applied Optoelectronics Inc (AAOI) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 1.79% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.00% during the next five years compared to -74.26% drop over the previous five years of trading.
Applied Optoelectronics Inc (NASDAQ: AAOI) Trading Performance Indicators
Take a look at Applied Optoelectronics Inc’s (AAOI) current performance indicators. Last quarter, stock had a quick ratio of 1.06. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.83, a number that is poised to hit -0.29 in the next quarter and is forecasted to reach 0.78 in one year’s time.
Technical Analysis of Applied Optoelectronics Inc (AAOI)
Looking closely at Applied Optoelectronics Inc (NASDAQ: AAOI), its last 5-days average volume was 2.91 million, which is a jump from its year-to-date volume of 2.49 million. As of the previous 9 days, the stock’s Stochastic %D was 8.23%. Additionally, its Average True Range was 0.67.
During the past 100 days, Applied Optoelectronics Inc’s (AAOI) raw stochastic average was set at 2.03%, which indicates a significant decrease from 10.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.72% in the past 14 days, which was lower than the 92.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.47, while its 200-day Moving Average is $13.35. However, in the short run, Applied Optoelectronics Inc’s stock first resistance to watch stands at $8.21. Second resistance stands at $8.52. The third major resistance level sits at $8.85. If the price goes on to break the first support level at $7.57, it is likely to go to the next support level at $7.24. Now, if the price goes above the second support level, the third support stands at $6.93.
Applied Optoelectronics Inc (NASDAQ: AAOI) Key Stats
The company with the Market Capitalisation of 307.39 million has total of 38,908K Shares Outstanding. Its annual sales at the moment are 217,650 K in contrast with the sum of -56,050 K annual income. Company’s last quarter sales were recorded 40,670 K and last quarter income was -23,170 K.
