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Saturday, December 9, 2023

Investors’ Patience Is Being Tested Right Now By Applied Optoelectronics Inc (NASDAQ: AAOI)

After Hours

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. After-hours trades for Applied Optoelectronics Inc (AAOI) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.20, or -1.63%, to $12.08. The Applied Optoelectronics Inc has recorded 22,051 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted AOI and Digicomm International Announce Exclusive Distribution Relationship.

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Stocks Info

Applied Optoelectronics Inc is listed on the NASDAQ as a member of the Technology sector and is a part of the Communication Equipment industry. At the end of the last regular session, the stock closed at $12.28 and fluctuated between $12.55 as its day high and $10.88 as its day low. The current market capitalization of Applied Optoelectronics Inc is $436.43M. A total of 5.07 million shares were traded on the day, compared to an average of 2.29M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, AAOI has seen 8 BUY and 6 SELL insider trades, representing the acquisition of 131,312 and the disposition of 97,343 shares. Over the last 12 months, there were 20 BUYs and 98 SELLs from insiders. Insiders purchased 1,159,565 shares during that period but sold 485,743.

In the most recent transaction, Lin Chih-Hsiang (Thompson) bought 15,000 shares of AAOI for 9.79 per share on Sep 14. After the transaction, the President and CEO now owns 1,252,471 company shares. In a previous transaction on Sep 06, Lin Chih-Hsiang (Thompson) bought 5,964 shares at 12.44 per share. AAOI shares that President and CEO owns now total 1,237,471.

Among the insiders who sold shares, Murry Stefan J. disposed of 15,000 shares on Aug 22 at a per-share price of $15.88. This resulted in the Chief Financial Officer holding 222,130 shares of AAOI after the transaction. In another insider transaction, Yeh William H sold 10,000 shares at $15.22 per share on Aug 21. Company shares held by the Director now total 189,255.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for AAOI in the last 3 months, the mean price target is $16.75 with high estimates of $20.00 and low estimates of $13.50. 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 -$0.01 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $0.02 per share and a lower estimate of -$0.03. The company reported an EPS of -$0.21 in the last quarter, which was 25.00% higher than expectations of -$0.28.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. 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 $5.20, while its Total Shareholder’s Equity was $254.57M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. 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.

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