There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Applied Optoelectronics Inc. (AAOI) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.01, or 0.07%, to $13.95. The Applied Optoelectronics Inc. has recorded 7,251 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Applied Optoelectronics to Present at the H.C. Wainwright 25th Annual Global Investment Conference.
This NASDAQ-listed company operates within the Communication Equipment industry segment, falling under the Technology sector. At the end of the last regular session, the stock closed at $13.94 and fluctuated between $14.29 as its day high and $13.50 as its day low. The current market capitalization of Applied Optoelectronics Inc. is $442.46M. A total of 1.41 million shares were traded on the day, compared to an average of 4.15M shares.
Insider trades can also provide insight into a stock’s future direction. During the recent three months, AAOI has seen 13 BUY and 36 SELL insider trades, representing the acquisition of 1,032,451 and the disposition of 249,685 shares. Over the last 12 months, there were 14 BUYs and 120 SELLs from insiders. Insiders purchased 1,076,894 shares during that period but sold 488,483.
In the most recent transaction, Murry Stefan J. sold 15,000 shares of AAOI for 15.88 per share on Aug 22. After the transaction, the Chief Financial Officer now owns 222,130 company shares. In a previous transaction on Aug 21, Yeh William H sold 10,000 shares at 15.22 per share. AAOI shares that Director owns now total 189,255.
Among the insiders who bought shares, Lin Chih-Hsiang (Thompson) acquired of 14,438 shares on Aug 18 at a per-share price of $12.36. This resulted in the President and CEO holding 1,217,335 shares of AAOI after the transaction. In another insider transaction, Lin Chih-Hsiang (Thompson) bought 5,562 shares at $12.42 per share on Aug 17. Company shares held by the President and CEO now total 1,202,897.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for AAOI in the last 3 months, the mean price target is $15.75 with high estimates of $20.00 and low estimates of $11.50. In terms of 52-week highs and lows, AAOI has a high of $16.26 and a low of $1.60.
As of this writing, AAOI has an earnings estimate of -$0.05 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of -$0.04 per share and a lower estimate of -$0.06. The company reported an EPS of -$0.25 in the last quarter, which was -38.90% lower than expectations of -$0.18.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. AAOI’s latest balance sheet shows that the firm has $41.14M in Cash & Short Term Investments as of fiscal 2021. There were $142.65M in debt and $108.96M in liabilities at the time. Its Book Value Per Share was $5.54, while its Total Shareholder’s Equity was $254.57M.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AAOI is Buy with a score of 4.33.