On 11/4/19, Applied Optoelectronics Inc (NASDAQ: AAOI) stock enjoyed a major increase of 10.8%, closing at $10.60. Moreover, this advance was accompanied by exceptionally high trading volume at 228% of normal. The stock has risen 7.0% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, AAOI is expected to be a major Value Eraser.
AAOI has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. AAOI has a good Appreciation Score of 78 but a poor Power Rating of 24, leading to the Neutral Value Trend Rating.
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.