Applied Optoelectronics Inc (NASDAQ: AAOI) stock closed at $9.55 on 7/31/24 after a major increase of 17.6%. Moreover, this advance was accompanied by unusually high trading volume at 190% of normal. The stock has declined -3.0% during the last week and has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
AAOI’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to be an important Value Builder.
Applied Optoelectronics has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Applied Optoelectronics has a poor Appreciation Score of 27 and a poor Power Rating of 26, producing the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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