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Applied Optoelectronics Inc (NASDAQ:AAOI) target price raised to $75.55, issued a report today by Vetr Inc.

Applied Optoelectronics Inc (NASDAQ:AAOI) had its target price raised to $75.55 by Vetr Inc. in a report issued 5/22/2017. The updated stock price target implies a possible upside of 0.19% based on the company's previous closing price.

Just yesterday Applied Optoelectronics Inc (NASDAQ:AAOI) traded -0.28% lower at $63.54. AAOI’s 50-day average is $58.22 and its two hundred day average is $63.51. With the last stock price close up -33.60% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.01% over the same time. 1,826,305 shares of the stock were exchanged, down from an average trading volume of 3,345,600

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Applied Optoelectronics Inc (NASDAQ:AAOI)

Applied Optoelectronics Inc has a 52 week low of $18.85 and a 52 week high of $103.41 with a P/E ratio of 10.02 The company’s market cap is currently $0.

About Applied Optoelectronics Inc (NASDAQ:AAOI)

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. To Internet-based data center operators, it supplies optical transceivers that plug into switches and servers within the data center and allow these network devices to send and receive data over fiber optic cables. The Company supplies a range of products, including lasers, transmitters and transceivers, and turnkey equipment, to the CATV market. The Company designs, manufactures and integrates its own analog and digital lasers using a combination of Metal Organic Chemical Vapor Deposition (MOCVD) and its Molecular Beam Epitaxy (MBE) fabrication process.

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