Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Applied Optoelectronics Inc’s current trading price is -51.56% away from its 52-week high, while its distance from the 52-week low is 649.37%. The stock’s price range during this period has varied between $1.60 and $24.75. The company, active in the Technology sector, saw a trading volume of around 1.89 million for the day, considerably lower average daily volume of 2.86 million observed over the last three months.
Applied Optoelectronics Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $24.75 on 02/16/24, and the lowest price during the same period was recorded at $1.60 on 05/05/23.
How Financial Performance Impacts Market Capitalization
Applied Optoelectronics Inc (AAOI) has experienced a quarterly decline of -30.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 460.42M and boasts a workforce of 2149 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 16.76, with a change in price of -2.47. Similarly, Applied Optoelectronics Inc recorded 3,037,504 in trading volume during the last 100 days, posting a change of -17.08%.
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 0.56. Similarly, the long-term debt-to-equity ratio is also 0.38.
AAOI Stock Stochastic Average
As of today, the raw stochastic average of Applied Optoelectronics Inc over the past 50 days is 8.20%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 26.09%. Additionally, the Stochastic %K and %D values for the company were 11.23% and 6.58%, respectively, over the past 20 days.
AAOI Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -37.94%.However, over the last six months, we can see a weaker performance of 58.81%. Over the last 30 days, the price of AAOI has leaped by -5.59%. And in the last five days, it has fallen by -0.91%.
