On Monday, Applied Optoelectronics Inc (NASDAQ: AAOI) opened lower -1.16% from the last session, before settling in for the closing price of $41.22. Price fluctuations for AAOI have ranged from $6.70 to $43.05 over the past 52 weeks.
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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. Company’s average yearly earnings per share was noted -92.22% at the time writing. With a float of $41.55 million, this company’s outstanding shares have now reached $44.85 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
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 7.82%, while institutional ownership is 67.62%. The most recent insider transaction that took place on Dec 02 ’24, was worth 405,919. Before that another transaction happened on Nov 26 ’24, when Company’s Director sold 8,162 for $37.18, making the entire transaction worth $303,430. This insider now owns 0 shares in total.
Applied Optoelectronics Inc (AAOI) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.04 earnings per share (EPS) for the quarter, besting the agreed prediction (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 -92.22% per share during the next fiscal year.
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 1.06. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.92.
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 3.46 million. That was better than the volume of 2.66 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 82.26%. Additionally, its Average True Range was 3.07.
During the past 100 days, Applied Optoelectronics Inc’s (AAOI) raw stochastic average was set at 91.55%, which indicates a significant increase from 82.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 95.58% in the past 14 days, which was lower than the 123.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.58, while its 200-day Moving Average is $13.94. However, in the short run, Applied Optoelectronics Inc’s stock first resistance to watch stands at $42.84. Second resistance stands at $44.94. The third major resistance level sits at $45.99. If the price goes on to break the first support level at $39.68, it is likely to go to the next support level at $38.63. Assuming the price breaks the second support level, the third support level stands at $36.53.
Applied Optoelectronics Inc (NASDAQ: AAOI) Key Stats
There are currently 45,078K shares outstanding in the company with a market cap of 2.08 billion. 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 65,150 K and its income totaled -17,760 K.
