Investment analysts at StockNews.com began coverage on shares of Applied Optoelectronics (NASDAQ:AAOI – Get Rating) in a report issued on Thursday. The brokerage set a “hold” rating on the semiconductor company’s stock.
Separately, Cowen decreased their price objective on shares of Applied Optoelectronics to $4.00 in a report on Thursday, November 17th.
Applied Optoelectronics Price Performance
AAOI stock opened at $2.44 on Thursday. Applied Optoelectronics has a 52-week low of $1.48 and a 52-week high of $4.00. The firm has a market capitalization of $70.69 million, a price-to-earnings ratio of -1.03 and a beta of 1.38. The firm has a 50 day moving average price of $2.53 and a 200-day moving average price of $2.47. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.75 and a current ratio of 1.32.
Hedge Funds Weigh In On Applied Optoelectronics
Applied Optoelectronics Company Profile
Applied Optoelectronics, Inc engages in the design and manufacture of optical communications products. Its products include optical devices, such as laser diodes, photodiodes, related modules and circuitry, and equipment for applications in fiber-to-the-home, cable television, point to point communications and wireless.
- Get a free copy of the StockNews.com research report on Applied Optoelectronics (AAOI)
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