Applied Optoelectronics Inc (NASDAQ: AAOI) stock enjoyed a major increase of 16.6% on 7/16/24. The shares closed at $11.89. Moreover, trading volume in this advance was exceptionally high at 217% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 39.2% 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). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Applied Optoelectronics has a poor Power Rating of 28 and a poor Appreciation Score of 27, with the Lowest Value Trend Rating the result.
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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