On 12/20/23, Applied Optoelectronics Inc (NASDAQ: AAOI) stock suffered a major decline of -10.4%, closing at $20.62. This decline was accompanied by normal trading volume. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 11.0% during the last week.
Current PriceTarget Research Rating
AAOI is expected to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Applied Optoelectronics has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Applied Optoelectronics has a very low Appreciation Score of 11 but a very high Power Rating of 99, leading to the Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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