A new trading day began on Friday, with Applied Optoelectronics Inc (NASDAQ: AAOI) stock price up 7.01% from the previous day of trading, before settling in for the closing price of $35.50. AAOI’s price has ranged from $6.70 to $38.86 over the past 52 weeks.
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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%. Meanwhile, its annual earnings per share averaged -92.22%. With a float of $41.51 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) Insider Activity
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 7.92%, while institutional ownership is 67.62%. The most recent insider transaction that took place on Nov 20 ’24, was worth 157,784. In this transaction Chief Financial Officer of this company sold 5,000 shares at a rate of $31.56, taking the stock ownership to the 216,129 shares. Before that another transaction happened on Nov 20 ’24, when Company’s insider sold 20,323 for $30.35, making the entire transaction worth $616,832. This insider now owns 195,572 shares in total.
Applied Optoelectronics Inc (AAOI) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -92.22% per share during the next fiscal year.
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 1.06. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.75.
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 2.64 million, its volume of 4.71 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 88.93%. Additionally, its Average True Range was 2.60.
During the past 100 days, Applied Optoelectronics Inc’s (AAOI) raw stochastic average was set at 97.05%, which indicates a significant increase from 95.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 185.04% in the past 14 days, which was higher than the 124.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.08, while its 200-day Moving Average is $13.48. Nevertheless, the first resistance level for the watch stands at $39.56 in the near term. At $41.13, the stock is likely to face the second major resistance level. The third major resistance level sits at $43.33. If the price goes on to break the first support level at $35.80, it is likely to go to the next support level at $33.60. Should the price break the second support level, the third support level stands at $32.03.
Applied Optoelectronics Inc (NASDAQ: AAOI) Key Stats
With a market capitalization of 1.83 billion, the company has a total of 45,078K Shares Outstanding. Currently, annual sales are 217,650 K while annual income is -56,050 K. The company’s previous quarter sales were 65,150 K while its latest quarter income was -17,760 K.
