AOSL Stock Summary and Trading Ideas (Alpha & Omega | NASDAQ:AOSL)

Alpha & Omega Semiconductor Ltd designs, develops and supplies a portfolio of power semiconductors targeting various applications, including personal computers, flat-panel TVs, LED lighting, smartphones, battery packs, consumer and industrial motor controls and power supplies for TVs, computers, servers and telecommunications equipment. It generates revenue mainly from the sale of power semiconductors, consisting of power discretes and power ICs with a presence in Hong Kong, China, South Korea, the United States and other countries.

Alpha & Omega trades on the NASDAQ stock market under the symbol AOSL.

As of November 6, 2024, AOSL stock price climbed to $27.34 with 482,206 million shares trading.

AOSL has a beta of 2.55, meaning it tends to be more sensitive to market movements. AOSL has a correlation of 0.25 to the broad based SPY ETF.

AOSL has a market cap of $793.23 million. This is considered a Small Cap stock.

Last quarter Alpha & Omega reported $182 million in Revenue and $.21 earnings per share. This beat revenue expectation by $2 million and missed earnings estimates by -$.01.

In the last 3 years, AOSL traded as high as $69.99 and as low as $19.38.

The top ETF exchange traded funds that AOSL belongs to (by Net Assets): IJR, VTI, VGT, PSI, IWM.

AOSL has underperformed the market in the last year with a price return of +5.9% while the SPY ETF gained +37.6%. AOSL has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -20.2% and -24.5%, respectively, while the SPY returned +14.6% and +1.3%, respectively.

AOSL support price is $25.94 and resistance is $27.60 (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 AOSL shares will trade within this expected range on the day.