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 -47.51% away from its 52-week high, while its distance from the 52-week low is 204.56%. The stock’s price range during this period has varied between $7.67 and $44.50. The company, active in the Technology sector, saw a trading volume of around 2.95 million for the day, considerably lower average daily volume of 4.97 million observed over the last three months.
Currently, the stock price of Applied Optoelectronics Inc (AAOI) is $23.36. In the most recent trading session, the stock underwent a significant upswing, peaking at $41.0 after opening at $23.26. The stock touched a low of $15.0 before closing at $20.86.
Applied Optoelectronics Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $44.50 on 12/04/24, while the lowest price during the same period was $7.67 on 08/14/24.
How Financial Performance Impacts Market Capitalization
Applied Optoelectronics Inc (AAOI) has experienced a quarterly rise of 28.07% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.46B and boasts a workforce of 3309 employees.
Decoding Analysts’ Ratings for Applied Optoelectronics Inc
As of right now, 2 analysts are rating Applied Optoelectronics Inc as a BUY, 3 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
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 19.28, with a change in price of +2.47. Similarly, Applied Optoelectronics Inc recorded 4,479,557 in trading volume during the last 100 days, posting a change of +11.69%.
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 0.50. Similarly, the long-term debt-to-equity ratio is also 0.36.
AAOI Stock Stochastic Average
As of today, the raw stochastic average of Applied Optoelectronics Inc over the last 50 days is at 51.69%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 36.02%. Further, the company’s Stochastic %K and %D values for the last 20 days were 18.12% and 15.64%, 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. This year’s metric has recorded a Price increase of 172.58%. However, over the past six months, we’ve seen a stronger performance of -23.46%. The price of AAOI leaped by -20.80% over the last 30 days. And in the last five days, it has surged by 9.08%.
