Analyst Revises Applied Optoelectronics, Inc. (NASDAQ:AAOI) Stock Target


Applied Optoelectronics, Inc. (NASDAQ:AAOI) mean price target has been set at $14.0400 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $0.1500 in the near-term quarter and $0.4200 for the ongoing fiscal. The market cap of Applied Optoelectronics, Inc. was recorded at $196.03M after the stock closed at $11.4794 in last trading day. What The Valuation Says? The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. Applied Optoelectronics, Inc. (NASDAQ:AAOI) has a P/E ratio of 19.3256. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio. Applied Optoelectronics, Inc. (NASDAQ:AAOI) PEG ratio sits at 1.5100. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks. Technical Perspective The technical analysis of Applied Optoelectronics, Inc. visibly illustrates that the 50-day MA of Applied Optoelectronics, Inc. is $10.4915, and stock is trading 0.9879 or +9.4162% distant from $10.4915. The 200-day MA is $13.5575, and this price is $-2.0781 or -15.3280% off from current level. Applied Optoelectronics, Inc. (NASDAQ:AAOI) 52-week high is $22.7900 and the 52-week low is $8.0800. This represents that if the stock moves $-11.3106 points up on the chart to make a 52-week high. But, if it declines $+42.0718%, then the shares price can hit a new 52-week low.

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