Alert: Major Price Advance (11/7/24)-Applied Optoelectronics Inc (NASDAQ: AAOI).

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Applied Optoelectronics Inc (NASDAQ: AAOI) stock closed at $17.90 on 11/7/24 after a major increase of 10.4%. Moreover, exceptionally high trading volume at 273% of normal accompanied the advance. The stock has risen 9.5% during the last week but has been weak relative to the market over the last nine months.

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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 complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Applied Optoelectronics has a slightly negative Power Rating of 36 and a very low Appreciation Score of 14, and the Lowest Value Trend Rating results.

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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