Applied Optoelectronics Inc [AAOI] stock is trading at $15.36, up 8.21%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The AAOI shares have gain 11.83% over the last week, with a monthly amount glided 25.49%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Applied Optoelectronics Inc [NASDAQ: AAOI] stock has seen the most recent analyst activity on September 03, 2024, when Raymond James upgraded its rating to a Outperform but kept the price target unchanged to $17 for it. Previously, B. Riley Securities downgraded its rating to Neutral on February 23, 2024, and dropped its price target to $16. On January 30, 2024, Rosenblatt initiated with a Buy rating and assigned a price target of $23 on the stock. B. Riley Securities reiterated its Buy rating and increased its price target to $22 on December 13, 2023. B. Riley Securities upgraded its rating to a Buy and raised its price target to $11.50 on August 04, 2023. Craig Hallum downgraded its rating to Sell for this stock on February 25, 2022, and downed its price target to $2.50. In a note dated March 02, 2021, Needham downgraded an Hold rating on this stock.
Applied Optoelectronics Inc [AAOI] stock has fluctuated between $6.66 and $24.75 over the past year. Currently, Wall Street analysts expect the stock to reach $17.38 within the next 12 months. Applied Optoelectronics Inc [NASDAQ: AAOI] shares were valued at $15.36 at the most recent close of the market. An investor can expect a potential return of 13.15% based on the average AAOI price forecast.
Analyzing the AAOI fundamentals
Applied Optoelectronics Inc [NASDAQ:AAOI] reported sales of 206.94M for the trailing twelve months, which represents a growth of 3.98%. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at -0.29%, Pretax Profit Margin comes in at -0.35%, and Net Profit Margin reading is -0.35%. To continue investigating profitability, this company’s Return on Assets is posted at -0.21, Equity is -0.37 and Total Capital is -0.22. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.56.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 14.53 points at the first support level, and at 13.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.96, and for the 2nd resistance point, it is at 16.56.
Ratios To Look Out For
For context, Applied Optoelectronics Inc’s Current Ratio is 1.64. In addition, the Quick Ratio stands at 0.97 and the Cash Ratio stands at 0.2. Considering the valuation of this stock, the price to sales ratio is 3.04, the price to book ratio is 3.35.
Transactions by insiders
Recent insider trading involved Kuo David C, ***, that happened on Sep 24 ’24 when 10000.0 shares were sold. Officer, Kuo David C completed a deal on Sep 24 ’24 to buy 10000.0 shares. Meanwhile, Director Yeh William H bought 9800.0 shares on May 14 ’24.