On Monday, Applied Optoelectronics Inc (NASDAQ: AAOI) opened lower -3.68% from the last session, before settling in for the closing price of $36.43. Price fluctuations for AAOI have ranged from $6.70 to $44.50 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%. Company’s average yearly earnings per share was noted -92.08% at the time writing. With a float of $41.92 million, this company’s outstanding shares have now reached $44.85 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
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 7.01%, 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 -92.08% 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 8.33.
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 0.74 in one year’s time.
Technical Analysis of Applied Optoelectronics Inc (AAOI)
Compared to the last year’s volume of 2.74 million, its volume of 3.83 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 26.03%. Additionally, its Average True Range was 3.82.
During the past 100 days, Applied Optoelectronics Inc’s (AAOI) raw stochastic average was set at 75.11%, which indicates a significant increase from 27.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 146.03% in the past 14 days, which was higher than the 128.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.01, while its 200-day Moving Average is $14.92. Nevertheless, the first resistance level for the watch stands at $36.17 in the near term. At $37.24, the stock is likely to face the second major resistance level. The third major resistance level sits at $37.99. If the price goes on to break the first support level at $34.35, 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 $32.53.
Applied Optoelectronics Inc (NASDAQ: AAOI) Key Stats
There are currently 45,078K shares outstanding in the company with a market cap of 1.75 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.
