Applied Optoelectronics Inc (AAOI) surge 17.32% in a week: will this be a lucky break through?

Applied Optoelectronics Inc (NASDAQ: AAOI) established initial surge of 9.02% at $18.97, before settling in for the price of $17.40 at the close. Taking a more long-term approach, AAOI posted a 52-week range of $6.66-$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 -60.40%. This publicly-traded company’s shares outstanding now amounts to $38.15 million, simultaneously with a float of $37.56 million. The organization now has a market capitalization sitting at $775.87 million. At the time of writing, stock’s 50-day Moving Average stood at $12.51, while the 200-day Moving Average is $12.89.

Applied Optoelectronics Inc (AAOI) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Applied Optoelectronics Inc industry. Applied Optoelectronics Inc’s current insider ownership accounts for 8.16%, in contrast to 73.74% institutional ownership. According to the most recent insider trade that took place on Sep 24 ’24, this organization’s *** sold 10,000 shares at the rate of 15.02, making the entire transaction reach 150,150 in total value, affecting insider ownership by 132,921.

Applied Optoelectronics Inc (AAOI) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.06 per share during the current fiscal year.

Applied Optoelectronics Inc’s EPS decrease for this current 12-month fiscal period is -60.40% and is forecasted to reach 0.57 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 0.97. The Stock has managed to achieve an average true range (ATR) of 1.39. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.75.

In the same vein, AAOI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.92, a figure that is expected to reach -0.17 in the next quarter, and analysts are predicting that it will be 0.57 at the market close of one year from today.

Technical Analysis of Applied Optoelectronics Inc (AAOI)

Now, what If we examine the latest scores posted by [Applied Optoelectronics Inc, AAOI]. During the last 5-days, its volume was better the volume of 2.46 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 80.62% While, its Average True Range was 1.49.

Raw Stochastic average of Applied Optoelectronics Inc (AAOI) in the period of the previous 100 days is set at 96.16%, which indicates a major rise in contrast to 93.05% 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 88.38% that was lower than 101.87% volatility it exhibited in the past 100-days period.