Applied Optoelectronics Inc (NASDAQ: AAOI) kicked off on Tuesday, up 0.88% from the previous trading day, before settling in for the closing price of $28.29. Over the past 52 weeks, AAOI has traded in a range of $6.70-$28.70.
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A company in the Technology sector has dropped its sales by -2.51% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -92.26%. With a float of $41.46 million, this company’s outstanding shares have now reached $45.08 million.
In an organization with 2149 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 26.0%, operating margin of -32.91%, and the pretax margin is -38.61%.
Applied Optoelectronics Inc (AAOI) Insider Updates
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 8.03%, while institutional ownership is 69.77%. The most recent insider transaction that took place on Nov 08 ’24, was worth 269,273. In this transaction *** an insider of this company sold 10,000 shares at a rate of $26.93, taking the stock ownership to the 118,122 shares. Before that another transaction happened on Nov 12 ’24, when Company’s *** See Remarks sold 6,267 for $28.89, making the entire transaction worth $181,032. This insider now owns 111,855 shares in total.
Applied Optoelectronics Inc (AAOI) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.04 earnings per share (EPS), higher than consensus estimate (set at 0) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -92.26% 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 6.14.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.07, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach 0.73 in one year’s time.
Technical Analysis of Applied Optoelectronics Inc (AAOI)
Let’s dig in a bit further. During the last 5-days, its volume was 8.46 million. That was better than the volume of 2.58 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 97.89%. Additionally, its Average True Range was 2.04.
During the past 100 days, Applied Optoelectronics Inc’s (AAOI) raw stochastic average was set at 98.20%, which indicates a significant increase from 97.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 188.67% in the past 14 days, which was higher than the 121.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.26, while its 200-day Moving Average is $12.98. However, in the short run, Applied Optoelectronics Inc’s stock first resistance to watch stands at $29.25. Second resistance stands at $29.97. The third major resistance level sits at $30.99. If the price goes on to break the first support level at $27.51, it is likely to go to the next support level at $26.49. Assuming the price breaks the second support level, the third support level stands at $25.77.
Applied Optoelectronics Inc (NASDAQ: AAOI) Key Stats
The company with the Market Capitalisation of 1.29 billion has total of 45,078K 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 65,150 K and last quarter income was -17,760 K.
