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Applied Optoelectronics (AAOI) Jumps: Stock Moves Up 8.3%
Applied Optoelectronics, Inc. (AAOI - Free Report) was a big mover last session, as its shares rose above 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up almost 68% in the past one-month time frame.
The company has seen four positive estimate revisions in the past one-month time frame and its Zacks Consensus Estimate also moved higher over the same period, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if Friday’s jump can turn into more strength down the road.
Applied Optoelectronics currently sports a Zacks Rank #1 (Strong Buy), while its Earnings ESP is 0.00%.
Applied Optoelectronics, Inc. Price
Applied Optoelectronics, Inc. Price | Applied Optoelectronics, Inc. Quote
Another favorably placed stock in the Electronics - Semiconductors space is DIALOG SEMICON , carrying a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
Is AAOI going up? Or down? Predict to see what others think: Up or Down
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