The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -8.75%. However, over the past six months, we’ve seen a weaker performance of 56.57%. The price of AAOI fallen by 25.39% over the last 30 days. And in the last five days, it has surged by 1.32%.
The market performance of Applied Optoelectronics Inc’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $24.75 on 02/16/24, while the lowest value for the same duration was $6.66 on 10/23/23.
52-week price history of AAOI Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Applied Optoelectronics Inc’s current trading price is -28.77% away from its 52-week high, while its distance from the 52-week low is 164.71%. The stock’s price range during this period has varied between$6.66 and $24.75. The Applied Optoelectronics Inc’s shares, which operate in the Technology, saw a trading volume of around 1.9 million for the day, a figure considerably lower than their average daily volume of 2.45 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Applied Optoelectronics Inc (AAOI) has experienced a quarterly rise of 96.76% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 721.07M and boasts a workforce of 2149 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 11.25, with a change in price of +6.04. Similarly, Applied Optoelectronics Inc recorded 2,272,228 in trading volume during the last 100 days, posting a change of +52.11%.
AAOI’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for AAOI stands at 0.59. Similarly, the long-term debt-to-equity ratio is also 0.43.
AAOI Stock Stochastic Average
As of today, Applied Optoelectronics Inc’s raw stochastic average for the last 50 days stands at 78.53%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 65.78%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 73.44% and 81.16%, respectively.
