Applied Optoelectronics (NASDAQ:AAOI) is set to release its earnings data after the market closes on Wednesday, February 21st. Analysts expect Applied Optoelectronics to post earnings of $0.83 per share for the quarter.
Shares of Applied Optoelectronics (NASDAQ AAOI) opened at $29.51 on Wednesday. Applied Optoelectronics has a 52 week low of $28.56 and a 52 week high of $103.41. The firm has a market cap of $571.97, a P/E ratio of 7.04, a P/E/G ratio of 0.61 and a beta of 2.51. The company has a current ratio of 2.99, a quick ratio of 2.02 and a debt-to-equity ratio of 0.12.
In other news, Director Richard B. Black sold 1,000 shares of the company’s stock in a transaction on Thursday, January 11th. The shares were sold at an average price of $35.37, for a total value of $35,370.00. Following the completion of the transaction, the director now owns 34,478 shares in the company, valued at approximately $1,219,486.86. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Chih-Hsiang (Thompson) Lin sold 3,600 shares of the company’s stock in a transaction on Monday, November 20th. The shares were sold at an average price of $45.24, for a total transaction of $162,864.00. Following the completion of the transaction, the insider now owns 522,837 shares of the company’s stock, valued at approximately $23,653,145.88. The disclosure for this sale can be found here. Insiders have sold a total of 6,900 shares of company stock valued at $297,554 in the last quarter. 8.19% of the stock is currently owned by company insiders.
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About Applied Optoelectronics
Applied Optoelectronics, Inc is a vertically integrated provider of fiber-optic networking products, primarily for networking end markets, such as Internet data center, cable television (CATV), fiber-to-the-home (FTTH) and telecommunications (telecom). The Company designs and manufactures a range of optical communications products at varying levels of integration, from components, subassemblies and modules to turnkey equipment.
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