Applied Optoelectronics to Present at the Raymond James 2024 TMT & Consumer Conference
Globe Newswire (Tue, 26-Nov 4:10 PM ET)
Applied Optoelectronics Filed Patent Infringement Lawsuit Against Eoptolink Technology USA Inc.
Globe Newswire (Wed, 20-Nov 4:15 PM ET)
Applied Optoelectronics Reports Third Quarter 2024 Results
Globe Newswire (Thu, 7-Nov 4:05 PM ET)
Applied Optoelectronics Announces Equity Grants To Employees Under Inducement Plan
Globe Newswire (Mon, 4-Nov 4:10 PM ET)
Applied Optoelectronics Announces Date of Third Quarter 2024 Financial Results Conference Call
Globe Newswire (Thu, 17-Oct 4:10 PM ET)
PRNewswire (Wed, 25-Sep 7:15 PM ET)
AOI Leads Industry with 1.6T OSFP DR8 LPO Technology at ECOC 2024
Globe Newswire (Tue, 24-Sep 7:00 AM ET)
Globe Newswire (Thu, 12-Sep 4:10 PM ET)
AAOI Bullish Call Spread at $2.05 Appears to be a Good Buy
Market Chameleon (Tue, 15-Aug 8:37 AM ET)
AAOI Bullish Call Spread at $1.80 Appears to be a Good Buy
Market Chameleon (Fri, 4-Aug 7:25 AM ET)
Applied Optoelectronics Inc is a provider of fiber-optic networking products for the Internet data center, cable television, telecommunications and fiber-to-the-home end markets. The company focuses on designing and manufacturing a range of optical communication products from components, to subassemblies, and modules to complete turn-key equipment. Demand for Applied Optoelectronics is driven by bandwidth demand in end markets. Through direct sales personnel, and manufacturing teams in the United States, China, and Taiwan, the company coordinates with customers to determine product design, qualifications, and performance. The company derives maximum revenue from Taiwan.
Applied Optoelectronics trades on the NASDAQ stock market under the symbol AAOI.
As of December 4, 2024, AAOI stock price climbed to $44.06 with 3,124,428 million shares trading.
AAOI has a beta of 2.76, meaning it tends to be more sensitive to market movements. AAOI has a correlation of 0.10 to the broad based SPY ETF.
AAOI has a market cap of $1.99 billion. This is considered a Small Cap stock.
Last quarter Applied Optoelectronics reported $65 million in Revenue and -$.21 earnings per share. This beat revenue expectation by $3 million and missed earnings estimates by -$.04.
In the last 3 years, AAOI traded as high as $44.35 and as low as $1.48.
The top ETF exchange traded funds that AAOI belongs to (by Net Assets): IWM, PTF, VTI, IWN, VXF.
AAOI has outperformed the market in the last year with a price return of +167.8% while the SPY ETF gained +33.6%. AAOI has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +259.4% and +54.3%, respectively, while the SPY returned +10.1% and +2.7%, respectively.
AAOI support price is $39.08 and resistance is $44.40 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AAOI shares will trade within this expected range on the day.