Stock Rating Downgrade
Of late the Value Trend Rating for Applied Optoelectronics Inc (NASDAQ: AAOI) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Applied Optoelectronics Inc (NASDAQ: AAOI) stock closed at $10.30 on 9/6/19 after a very large increase of 5.2%. NORMAL trading volume accompanied the advance. The stock has risen 18.8% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
AAOI is expected to be a major Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.
AAOI has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. AAOI has a good Appreciation Score of 72 but a very low Power Rating of 11, with the Negative Value Trend Rating the result.