Should You Buy Applied Optoelectronics Inc (AAOI) Stock After it Is Up 20.71% in a Week?

Applied Optoelectronics Inc (AAOI) stock has risen 20.71% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Applied Optoelectronics Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on AAOI!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With AAOI Stock Today?

Applied Optoelectronics Inc (AAOI) stock is trading at $16.09 as of 11:34 AM on Wednesday, Nov 29, an increase of $1.48, or 10.13% from the previous closing price of $14.61. The stock has traded between $14.81 and $16.20 so far today. Volume today is 1,960,399 compared to average volume of 1,939,747.

More About Applied Optoelectronics Inc

Applied Optoelectronics Inc is a provider of fiber-optic networking products, primarily for the Internet data center, cable television, and fiber-to-the-home end markets. The company focuses on designing and manufacturing a range of optical communication products from components, to subassemblies, and modules to complete turn-key equipment. Demand for Applied Optoelectronics is driven by bandwidth demand in end markets. Through direct sales personnel, and manufacturing teams in the United States, China, and Taiwan, the company coordinates with customers to determine product design, qualifications, and performance. Click Here to get the full Stock Report for Applied Optoelectronics Inc stock.