On 9/24/24, Applied Optoelectronics Inc (NASDAQ: AAOI) stock enjoyed a major increase of 13.7%, closing at $15.98. Moreover, trading volume in this advance was exceptionally high at 229% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 21.2% 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). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Applied Optoelectronics has a poor Appreciation Score of 17 and a very low Power Rating of 2, 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.
Be the first to comment