A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Applied Optoelectronics Inc’s current trading price is -11.91% away from its 52-week high, while its distance from the 52-week low is 795.19%. The stock’s price range for this time frame has been between $1.60 and $16.26. The trading volume of the company’s shares in the Technology reached around 2.84 million for the day, which was evidently higher than the average daily volume of 2.22 million over the last three months.
Applied Optoelectronics Inc (AAOI) has a current stock price of $14.32. During the previous trading session, the stock witnessed a notable rise, reaching a high of $13.15 after opening at $12.97. The stock’s low for the day was $12.71, and it eventually closed at $12.75.
In terms of market performance, Applied Optoelectronics Inc had a somewhat regular. The highest value for the stock in the past year was $16.26 on 08/24/23, while the lowest value was $1.60 on 05/05/23.
How Financial Performance Impacts Market Capitalization
Applied Optoelectronics Inc (AAOI) has experienced a quarterly decline of -7.47% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 509.04M and boasts a workforce of 2213 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 9.99, with a change in price of +8.94. Similarly, Applied Optoelectronics Inc recorded 3,331,435 in trading volume during the last 100 days, posting a change of +164.64%.
How AAOI’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for AAOI stands at 0.74. Similarly, the long-term debt-to-equity ratio is also 0.03.
AAOI Stock Stochastic Average
Applied Optoelectronics Inc’s raw stochastic average for the past 50 days is currently at 97.97%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 97.93%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 94.47% and 93.41%, respectively.
AAOI Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The index has shown a price gain of 657.84% this year. Over the last six months, there has been a weaker performance of 713.81%. The price of AAOI fallen by 107.28% during the last 30 days period. For the last 5-days stocks have improved 30.21%.