Applied Optoelectronics Inc (NASDAQ: AAOI) stock closed at $34.07 on 11/20/24 after a major increase of 19.3%. Moreover, exceptionally high trading volume at 211% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 19.4% during the last week.
Current PriceTarget Research Rating
Applied Optoelectronics has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Applied Optoelectronics has a very low Appreciation Score of 10 but a good Power Rating of 73, triggering 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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