Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Applied Optoelectronics Inc before investing.

In this article, we go over a few key elements for understanding Applied Optoelectronics Inc’s stock price such as:

• Applied Optoelectronics Inc’s current stock price and volume
• Why Applied Optoelectronics Inc’s stock price changed recently
• Upgrades and downgrades for AAOI from analysts
• AAOI’s stock price momentum as measured by its relative strength

About Applied Optoelectronics Inc (AAOI)

Before we jump into Applied Optoelectronics Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Applied Optoelectronics, Inc. is a vertically integrated provider of fiber-optic networking products. The Company designs and manufactures a range of optical communications products at varying levels of integration, from components, subassemblies, and modules to complete turn-key equipment. The Company also designs, manufactures, and integrates its own analog and digital lasers using the proprietary Molecular Beam Epitaxy (MBE), and Metal Organic Chemical Vapor Deposition (MOCVD) fabrication process. The Company has manufacturing facilities in Taipei, Taiwan and Ningbo, China. The Company manufactures lasers and laser components and performs research and development activities for laser component and optical module products. The Company offers its fiber-optic networking products, primarily for four networking end-markets, such as cable television, (CATV), Internet data center, telecommunications, (telecom), and fiber-to-the-home (FTTH).

Want to learn more about Applied Optoelectronics Inc’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about Applied Optoelectronics Inc.

Applied Optoelectronics Inc’s Stock Price as of Market Close

As of September 27, 2024, 4:00 PM, CST, Applied Optoelectronics Inc’s stock price was $13.74.

Applied Optoelectronics Inc is down 7.26% from its previous closing price of $14.81.

During the last market session, Applied Optoelectronics Inc’s stock traded between $14.76 and $16.61. Currently, there are 39.36 million shares of Applied Optoelectronics Inc stock available for purchase.

Unfortunately, Applied Optoelectronics Inc’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Applied Optoelectronics Inc Stock Price History

Applied Optoelectronics Inc’s (AAOI) price is currently up 21.01% so far this month.

During the month of September, Applied Optoelectronics Inc’s stock price has reached a high of $16.99 and a low of $11.48.

Over the last year, Applied Optoelectronics Inc has hit prices as high as $24.75 and as low as $6.66. Year to date, Applied Optoelectronics Inc’s stock is up 626.72%.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

What Caused Applied Optoelectronics Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 26, 2024, there were 3 analysts who downgraded Applied Optoelectronics Inc’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Applied Optoelectronics Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Applied Optoelectronics Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Applied Optoelectronics Inc’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Applied Optoelectronics Inc (AAOI) by visiting AAII Stock Evaluator.

Relative Price Strength of Applied Optoelectronics Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 26, 2024, Applied Optoelectronics Inc has a weighted four-quarter relative price strength of 29.85%, which translates to a Momentum Score of 96 and is considered to be Very Strong.

Want to learn more about how Applied Optoelectronics Inc is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Applied Optoelectronics Inc Stock Price: Bottom Line

As of September 27, 2024, Applied Optoelectronics Inc’s stock price is $13.74, which is down 7.26% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Applied Optoelectronics Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.