Alert: Rating Downgrade (11/17/23)-Applied Optoelectronics Inc (NASDAQ: AAOI).


Stock Rating Downgrade

In recent days the Value Trend Rating for Applied Optoelectronics Inc (NASDAQ: AAOI) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.


Recent Price Action

Applied Optoelectronics Inc (NASDAQ: AAOI) stock declined modestly by -0.6% on 11/17/23. The stock closed at $12.75. The stock has been exceptionally strong relative to the market over the last nine months and has risen 30.6% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, AAOI is expected to be a Value Builder.

Applied Optoelectronics has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Applied Optoelectronics has a poor Appreciation Score of 20 but a very high Power Rating of 99, and the High Neutral Value Trend Rating results.

Be the first to comment

Leave a Reply

Your email address will not be published.