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Check out this: Applied Optoelectronics Inc (AAOI) could be on the verge of a big rally

Applied Optoelectronics Inc (NASDAQ: AAOI) is -47.36% lower on its value in year-to-date trading and has touched a low of $2.72 and a high of $24.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AAOI stock was last observed hovering at around $10.55 in the last trading session, with the day’s loss setting it -0.38%.

Currently trading at $10.17, the stock is -9.56% and -11.52% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.18 million and changing -3.60% at the moment leaves the stock -25.37% off its SMA200. AAOI registered 225.96% gain for a year compared to 6-month loss of -42.41%.

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The stock witnessed a -3.51% gain in the last 1 month and extending the period to 3 months gives it a -28.93%, and is -5.22% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.97% over the week and 7.61% over the month.

Applied Optoelectronics Inc (AAOI) has around 2149 employees, a market worth around $395.71M and $205.29M in sales. Fwd P/E is 12.98. Profit margin for the company is -30.65%. Distance from 52-week low is 273.90% and -58.91% from its 52-week high. The company has generated returns on investments over the last 12 months (-22.77%).

The EPS is expected to grow by 1.79% this year.

Applied Optoelectronics Inc (AAOI) Top Institutional Holders

The shares outstanding are 38.15M, and float is at 35.73M with Short Float at 27.66%.

Applied Optoelectronics Inc (AAOI) Insider Activity

The most recent transaction is an insider purchase by Yeh William H,the company’sDirector. SEC filings show that Yeh William H bought 9,800 shares of the company’s common stock on May 14 ’24 at a price of $10.54 per share for a total of $0.1 million. Following the purchase, the insider now owns 0.22 million shares.

Applied Optoelectronics Inc disclosed in a document filed with the SEC on Mar 18 ’24 that Lin Che-Wei (Director) bought a total of 31,370 shares of the company’s common stock. The trade occurred on Mar 18 ’24 and was made at $12.70 per share for $0.4 million. Following the transaction, the insider now directly holds 0.22 million shares of the AAOI stock.

Still, SEC filings show that on Mar 18 ’24, Lin Chih-Hsiang (Thompson) (President and CEO) acquired 11,780 shares at an average price of $12.66 for $0.15 million. The insider now directly holds 1,218,160 shares of Applied Optoelectronics Inc (AAOI).

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