Applied Optoelectronics Inc (NASDAQ: AAOI) stock closed at $11.00 on 11/13/23 after a major increase of 17.5%. The stock has been exceptionally strong relative to the market over the last nine months and has risen 16.2% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, AAOI is expected to be a modest Value Builder.
Applied Optoelectronics has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Applied Optoelectronics has a poor Appreciation Score of 26 but a very high Power Rating of 99, triggering the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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