On 7/8/24, Applied Optoelectronics Inc (NASDAQ: AAOI) stock enjoyed a major increase of 11.3%, closing at $8.54. Moreover, this advance was accompanied by above average trading volume at 126% of normal. Relative to the market the stock has been weak over the last nine months but is unchanged 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 D (Negative). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Applied Optoelectronics has a slightly negative Appreciation Score of 34 and a slightly negative Power Rating of 31, leading to the Negative Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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