On Tuesday, Applied Optoelectronics Inc (NASDAQ: AAOI) opened lower -4.75% from the last session, before settling in for the closing price of $18.51. Price fluctuations for AAOI have ranged from $6.66 to $24.75 over the past 52 weeks.
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During the last 5-year period, the sales drop of Technology Sector giant was -2.51%. Company’s average yearly earnings per share was noted -60.40% at the time writing. With a float of $37.56 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. 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
A key investor’s attitude towards the stock of the Communication Equipment industry is another important factor to consider. The insider ownership of Applied Optoelectronics Inc is 8.16%, while institutional ownership is 73.80%. 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
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.05 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.05) by 0. 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 -60.40% 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
Check out the current performance indicators for Applied Optoelectronics Inc (AAOI). In the past quarter, the stock posted a quick ratio of 0.97. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.48.
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)
Looking closely at Applied Optoelectronics Inc (NASDAQ: AAOI), its last 5-days average volume was 2.55 million, which is a jump from its year-to-date volume of 2.46 million. As of the previous 9 days, the stock’s Stochastic %D was 57.30%. Additionally, its Average True Range was 1.36.
During the past 100 days, Applied Optoelectronics Inc’s (AAOI) raw stochastic average was set at 80.13%, which indicates a significant increase from 61.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.78% in the past 14 days, which was lower than the 101.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.36, while its 200-day Moving Average is $12.88. However, in the short run, Applied Optoelectronics Inc’s stock first resistance to watch stands at $18.20. Second resistance stands at $18.77. The third major resistance level sits at $19.17. If the price goes on to break the first support level at $17.23, it is likely to go to the next support level at $16.83. Now, if the price goes above the second support level, the third support stands at $16.26.
Applied Optoelectronics Inc (NASDAQ: AAOI) Key Stats
There are currently 38,908K shares outstanding in the company with a market cap of 721.07 million. Presently, the company’s annual sales total 217,650 K according to its annual income of -56,050 K. Last quarter, the company’s sales amounted to 43,270 K and its income totaled -26,120 K.
