Applied Optoelectronics Inc (AAOI) kicked off at the price of $15.36: Venture capitalists have an exciting new opportunity

A new trading day began on Friday, with Applied Optoelectronics Inc (NASDAQ: AAOI) stock price up 8.21% from the previous day of trading, before settling in for the closing price of $14.19. AAOI’s price has ranged from $6.66 to $24.75 over the past 52 weeks.

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Technology Sector giant saw their annual sales slid by -2.51% over the last five years. Meanwhile, its annual earnings per share averaged -60.20%. With a float of $37.56 million, this company’s outstanding shares have now reached $38.15 million.

The firm has a total of 2149 workers. Let’s measure their productivity. In terms of profitability, gross margin is 28.38%, operating margin of -28.56%, and the pretax margin is -34.84%.

Applied Optoelectronics Inc (AAOI) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Communication Equipment Industry. The insider ownership of Applied Optoelectronics Inc is 8.16%, while institutional ownership is 73.74%. The most recent insider transaction that took place on Sep 24 ’24, was worth 150,150. In this transaction *** an insider of this company sold 10,000 shares at a rate of $15.02, taking the stock ownership to the 132,921 shares. Before that another transaction happened on Sep 24 ’24, when Company’s Officer proposed sale 10,000 for $15.02, making the entire transaction worth $150,150.

Applied Optoelectronics Inc (AAOI) Recent Fiscal highlights

In its latest quarterly report, released on 6/30/2024, the company reported earnings of -0.05 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.06 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -60.20% 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

Here are Applied Optoelectronics Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.97. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.04.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.92, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach 0.57 in one year’s time.

Technical Analysis of Applied Optoelectronics Inc (AAOI)

Analysing the last 5-days average volume posted by the [Applied Optoelectronics Inc, AAOI], we can find that recorded value of 2.25 million was lower than the volume posted last year of 2.44 million. As of the previous 9 days, the stock’s Stochastic %D was 44.09%. Additionally, its Average True Range was 1.24.

During the past 100 days, Applied Optoelectronics Inc’s (AAOI) raw stochastic average was set at 84.16%, which indicates a significant increase from 64.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 89.90% in the past 14 days, which was lower than the 100.79% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $11.07, while its 200-day Moving Average is $13.06. Now, the first resistance to watch is $15.96. This is followed by the second major resistance level at $16.56. The third major resistance level sits at $17.39. If the price goes on to break the first support level at $14.53, it is likely to go to the next support level at $13.70. Now, if the price goes above the second support level, the third support stands at $13.10.

Applied Optoelectronics Inc (NASDAQ: AAOI) Key Stats

With a market capitalization of 628.22 million, the company has a total of 38,908K Shares Outstanding. Currently, annual sales are 217,650 K while annual income is -56,050 K. The company’s previous quarter sales were 43,270 K while its latest quarter income was -26,120 K.