$3.42M in average volume shows that Applied Optoelectronics Inc (AAOI) is heading in the right direction

Applied Optoelectronics Inc (NASDAQ: AAOI) kicked off on Monday, down -7.00% from the previous trading day, before settling in for the closing price of $38.88. Over the past 52 weeks, AAOI has traded in a range of $6.70-$44.50.

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Technology Sector giant saw their annual sales slid by -2.51% over the last five years. While this was happening, its average annual earnings per share was recorded -92.22%. With a float of $41.59 million, this company’s outstanding shares have now reached $44.85 million.

The firm has a total of 2149 workers. Let’s measure their productivity. 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

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 7.73%, while institutional ownership is 67.63%. The most recent insider transaction that took place on Dec 03 ’24, was worth 430,807. Before that another transaction happened on Dec 03 ’24, when Company’s Director sold 10,000 for $43.08, making the entire transaction worth $430,807. This insider now owns 223,538 shares in total.

Applied Optoelectronics Inc (AAOI) Earnings and Forecasts

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

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 7.78.

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)

Analysing the last 5-days average volume posted by the [Applied Optoelectronics Inc, AAOI], we can find that recorded value of 5.23 million was better than the volume posted last year of 2.71 million. As of the previous 9 days, the stock’s Stochastic %D was 22.39%. Additionally, its Average True Range was 4.00.

During the past 100 days, Applied Optoelectronics Inc’s (AAOI) raw stochastic average was set at 77.94%, which indicates a significant increase from 52.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 154.24% in the past 14 days, which was higher than the 128.86% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $24.01, while its 200-day Moving Average is $14.44. Now, the first resistance to watch is $38.73. This is followed by the second major resistance level at $41.30. The third major resistance level sits at $43.21. If the price goes on to break the first support level at $34.25, it is likely to go to the next support level at $32.34. Should the price break the second support level, the third support level stands at $29.78.

Applied Optoelectronics Inc (NASDAQ: AAOI) Key Stats

The company with the Market Capitalisation of 1.63 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.