Globe Newswire (Thu, 12-Sep 4:10 PM ET)
Applied Optoelectronics to Present at the Rosenblatt 4th Annual Technology Summit: The Age of AI
Globe Newswire (Wed, 7-Aug 4:10 PM ET)
Applied Optoelectronics Reports Second Quarter 2024 Results
Globe Newswire (Tue, 6-Aug 4:05 PM ET)
Applied Optoelectronics Announces Equity Grants To Employees Under Inducement Plan
Globe Newswire (Tue, 30-Jul 4:10 PM ET)
Applied Optoelectronics Confirms No Material Impact to Operations from Typhoon Gaemi
Globe Newswire (Thu, 25-Jul 4:10 PM ET)
Applied Optoelectronics Announces Date of Second Quarter 2024 Financial Results Conference Call
Globe Newswire (Tue, 16-Jul 4:10 PM ET)
Applied Optoelectronics Confirms No Material Impact to Operations from Hurricane Beryl
Globe Newswire (Tue, 9-Jul 4:10 PM ET)
Applied Optoelectronics and Molex Reach Settlement
Globe Newswire (Fri, 21-Jun 7:00 AM 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 September 18, 2024, AAOI stock price declined to $13.28 with 1,309,766 million shares trading.
AAOI has a beta of 2.06, meaning it tends to be more sensitive to market movements. AAOI has a correlation of 0.07 to the broad based SPY ETF.
AAOI has a market cap of $543.10 million. This is considered a Small Cap stock.
Last quarter Applied Optoelectronics reported $43 million in Revenue and -$.28 earnings per share. This fell short of revenue expectation by $-870,000 and exceeded earnings estimates by $.01.
In the last 3 years, AAOI stock traded as high as $24.75 and as low as $1.48.
The top ETF exchange traded funds that AAOI belongs to (by Net Assets): VTI, IWM, VXF, IWN, VTWO.
AAOI has outperformed the market in the last year with a price return of +35.0% while the SPY ETF gained +27.8%. AAOI has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +30.6% and +8.3%, respectively, while the SPY returned +2.9% and +1.7%, respectively.
AAOI support price is $12.71 and resistance is $14.45 (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 stock will trade within this expected range on the day.