Applied Optoelectronics Inc (NASDAQ:AAOI) shares, rose in value on Wednesday, April 16, with the stock price down by -8.91% to the previous day’s close as strong demand from buyers drove the stock to $10.43.
Actively observing the price movement in the last trading, the stock closed the session at $11.45, falling within a range of $10.04 and $11.03. The value of beta (5-year monthly) was 2.573. Referring to stock’s 52-week performance, its high was $44.50, and the low was $6.70. On the whole, AAOI has fluctuated by -48.37% over the past month.
With the market capitalization of Applied Optoelectronics Inc currently standing at about $524.11 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-25.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 529.95M, with a low estimate of 98.3M and a high estimate of 101.1M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 99.37M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AAOI’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of AAOI currently trading nearly -30.74% and -47.21% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 34.79, while the 7-day volatility ratio is showing 11.13% which for the 30-day chart, stands at 13.51%. Furthermore, Applied Optoelectronics Inc (AAOI)’s beta value is 2.59, and its average true range (ATR) is 2.21.
A comparison of Applied Optoelectronics Inc (AAOI) with its peers suggests the former has fared considerably weaker in the market. AAOI showed an intraday change of -8.91% in last session, and over the past year, it shrunk by -6.54%%.
Data on historical trading for Applied Optoelectronics Inc (NASDAQ:AAOI) indicates that the trading volumes over the past 10 days have averaged 4.86 and over the past 3 months, they’ve averaged 4.39 million. According to company’s latest data on outstanding shares, there are 49.39 million shares outstanding.
Nearly 6.39% of Applied Optoelectronics Inc’s shares belong to company insiders and institutional investors own 62.74% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 9.49 million shares as on 2025-03-31, resulting in a short ratio of 1.89. According to the data, the short interest in Applied Optoelectronics Inc (AAOI) stood at 1980.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 9.62 million. The stock has fallen by -71.70% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AAOI stock heading into the next quarter.
