On 5/14/24, Applied Optoelectronics Inc (NASDAQ: AAOI) stock enjoyed a major increase of 11.6%, closing at $11.16. Moreover, trading volume in this advance was above average at 122% of normal. The stock has declined -6.6% during the last week but has been strong 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 C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Applied Optoelectronics has a poor Appreciation Score of 24 but a slightly positive Power Rating of 69, triggering the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive 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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