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. The stock was recently discussed on Yahoo Finance as it revealed that Applied Optoelectronics Announces Date of Fourth Quarter and Full Year 2023 Financial Results Conference Call.

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Stocks Info

The company is listed on the NASDAQ and operates within the Communication Equipment industry segment. At the end of the last regular session, the stock closed at $20.03 and fluctuated between $20.12 as its day high and $17.73 as its day low. The current market capitalization of Applied Optoelectronics Inc is $711.87M. A total of 3.47 million shares were traded on the day, compared to an average of 1.08 shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, AAOI has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 20 BUYs and 88 SELLs from insiders. Insiders purchased 1,159,565 shares during that period but sold 434,655.

In the most recent transaction, Murry Stefan J. sold 20,000 shares of AAOI for 17.08 per share on Jan 16. After the transaction, the Chief Financial Officer now owns 200,488 company shares. In a previous transaction on Dec 15, Yeh Shu-Hua (Joshua) sold 20 shares at 23.71 per share. AAOI shares that *** owns now total 251,331.

Among the insiders who sold shares, Yeh Shu-Hua (Joshua) disposed of 42,779 shares on Dec 14 at a per-share price of $22.39. This resulted in the *** holding 251,351 shares of AAOI after the transaction. In another insider transaction, Lin Chih-Hsiang (Thompson) bought 15,000 shares at $9.79 per share on Sep 14. Company shares held by the President and CEO now total 1,252,471.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for AAOI in the last 3 months, the mean price target is $21.67 with high estimates of $23.00 and low estimates of $20.00. In terms of 52-week highs and lows, AAOI has a high of $24.08 and a low of $1.60.

As of this writing, AAOI has an earnings estimate of $AAON, Inc. per share for the current quarter. EPS was calculated based on a consensus of Applied Optoelectronics, Inc. estimates, with a high estimate of $Armada Acquisition Corp. I per share and a lower estimate of $Aadi Bioscience, Inc.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. 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 $34.66M in Cash & Short Term Investments as of fiscal 2021. There were $149.90M 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

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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 4.50.

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