Applied Optoelectronics Inc (NASDAQ: AAOI) stock enjoyed a major increase of 12.9% on 8/29/24. The shares closed at $10.30. Moreover, unusually high trading volume at 168% of normal accompanied the advance. The stock has been extremely weak relative to the market over the last nine months but has risen 15.5% during the last week.
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 consistent signals. Applied Optoelectronics has a poor Appreciation Score of 23 and a very low Power Rating of 2, triggering 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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