Applied Optoelectronics Inc. (AAOI): What the weekly performance showing

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Applied Optoelectronics Inc. (NASDAQ:AAOI) changes shares on Thursday trading session, with a change of -6.58% or -$1.06 shares. The trading starts at $16.04 and closed at $16.11 throughout the day. The trading session low price was $14.922 and day high was $16.04 on Thursday, August 06. After the session, the Technology sector daily volume shifted to 1.88 million while its average volume is 915.68K. In other hand, the AAOI market cap reached to $298.74M. While, its current target price is $11.00.

On March 3, 2020, BRIEF-Applied Optoelectronics Announces Withdrawal From OFC 2020. According to the news reported on Reuters, * APPLIED OPTOELECTRONICS – WILL STILL HOST PREVIOUSLY SCHEDULED OFC INVESTOR SESSION VIA WEBCAST ON MARCH 10

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 8.51% and up 33.30% for month. Its quarterly performance was 23.36% above, while its half year performance is up 29.97%. AAOI yearly performance stood at positive 47.40% and rise 26.68% for year-to-date. Current recommendation for Applied Optoelectronics Inc. is 3.10.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. AAOI EPS (TTM) for 12-month is -3.60. EPS for this year is -18.60%, while for the next year its value is -0.24. Its EPS Q/Q reached -57.60%. It has an EPS of -68.80% down for past five years and for the next five years will be up 13.00%.

Let’s take a look on the analyst recommendations on AAOI for the current month and previous month. For the current month, 2 of 9 analysts recommend stock as Buy while 3 as Sell, 0 as overweight, 0 as underweight and 4 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $7.50 – $15.00. Average target price for AAOI was reached at $11.25.

The insider ownership moved to 7.70% and institutional holding shifted to 60.40%.

The company posted an EPS (TTM) of -3.60. According to the most recent quarter report on Name, Applied Optoelectronics, Inc. analysts estimated an average EPS of AAON, Inc., while AAUI EPS posted a year ago period. Analyst Estimated EPS for AAOI published in the report was $ADVANCED VOICE RECOGNITION SYS – $PYXUS INTL INC during the same period.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for AAOI rise 44.28% for period of 200 days. SMA for 50 days was 35.39% which is showing green signal, while SMA-20 was 14.20%.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in AAOI stock. On Aug 03, Yeh Shu-Hua (Joshua), *** See Remarks, sold 2,000 trading shares at the cost of $15.00, which valued at 30001.0. On Aug 03, Lin Chih-Hsiang (Thompson), President and CEO, sold 7,788 shares at the cost of $14.65, with total shares of 809,214. On Jul 30, Murry Stefan J., Chief Financial Officer, sold 4,000 shares at the cost of 13.52. After this transaction, Murry Stefan J. total shares reached to 98,584 which valued at 54060.0.