Let’s look at the key reasons that are pushing Applied Optoelectronics Inc (AAOI) to new highs

On Friday, Applied Optoelectronics Inc (NASDAQ: AAOI) was -4.80% drop from the session before settling in for the closing price of $28.15. A 52-week range for AAOI has been $6.70 – $29.17.

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Over the past five-year period, the drop rate of yearbook sales for the company of the Technology sector was -2.51%. When this article was written, the company’s average yearly earnings per share was at -92.26%. With a float of $41.48 million, this company’s outstanding shares have now reached $45.08 million.

Considering the fact that the conglomerate employs 2149 people, you should pay attention to its efficiency factor. 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) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Applied Optoelectronics Inc stocks. The insider ownership of Applied Optoelectronics Inc is 8.03%, while institutional ownership is 67.59%. The most recent insider transaction that took place on Nov 15 ’24, was worth 816,900. Before that another transaction happened on Nov 14 ’24, when Company’s Director proposed sale 9,790 for $27.18, making the entire transaction worth $266,092.

Applied Optoelectronics Inc (AAOI) Recent Fiscal highlights

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

You can see what Applied Optoelectronics Inc (AAOI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.06. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.49.

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)

Compared to the last year’s volume of 2.6 million, its volume of 4.3 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 87.18%. Additionally, its Average True Range was 2.04.

During the past 100 days, Applied Optoelectronics Inc’s (AAOI) raw stochastic average was set at 89.45%, which indicates a significant increase from 83.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 191.35% in the past 14 days, which was higher than the 121.44% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $17.16, while its 200-day Moving Average is $13.15. Nevertheless, the first resistance level for the watch stands at $28.16 in the near term. At $29.51, the stock is likely to face the second major resistance level. The third major resistance level sits at $30.50. If the price goes on to break the first support level at $25.81, it is likely to go to the next support level at $24.82. Now, if the price goes above the second support level, the third support stands at $23.47.

Applied Optoelectronics Inc (NASDAQ: AAOI) Key Stats

There are 45,078K outstanding shares of the company, which has a market capitalization of 1.15 billion. As of now, sales total 217,650 K while income totals -56,050 K. Its latest quarter income was 65,150 K while its last quarter net income were -17,760 K.