Looking At The Big Picture: UTStarcom Holdings Corp. (UTSI), Applied Optoelectronics, Inc. (AAOI)

UTStarcom Holdings Corp. (NASDAQ:UTSI) attracted a higher number of shares in volume with 0.67 million contracts traded on 28-Nov-17. However, its trading capacity stayed around 0.13 million shares in normal days. The first sale was made at $4.89 but later the stock became weaker, and closed with a fall of -3.68%. It was last traded at $4.71 apiece.

UTStarcom Holdings Corp. (UTSI): Buy Candidate With 6.16% Upside Potential

UTStarcom Holdings Corp. is maintained at an average buy rating by 1 stock analysts, and there are at least 0.12% of shares outstanding that are currently legally short sold. The shares went up by 50% in value last month. Year-to-date it jumped 135.5%. Analysts are turning out to be more optimistic than before, with 1 of analysts who cover UTStarcom Holdings Corp. (NASDAQ:UTSI) advice adding it to buy candidate list. Wall Street experts also assign a $5 price target on UTStarcom Holdings Corp., pointing towards a 6.16% rally from current levels. The stock is trading for about -4.44% less than its 52-week high.

UTStarcom Holdings Corp. Reports -3.3% Sales Growth

UTStarcom Holdings Corp. (UTSI) remained successful in beating the consensus-estimated -$0.08 as it actually earned -$0.03 per share in its last reported financial results. Revenue, on the other hand, scored -3.3% growth from the previous quarter, coming up with $20.5 million.

UTSI Adds 25.17% In A Week

This company shares (UTSI) so far managed to recover 183.73% since collapsing to its 52-week low. Over a month, it has seen its stock price volatility to stay at 13.22% while shortening the period to a week, volatility was 5.64%. The share price has already crossed its 20 days moving average, floating at a distance of 38.5% and sits 57.8% higher versus its 50 days moving average. When looking at the past five sessions, the stock returned 25.17% gains and is up by 104.84% compared with its 200-day moving average of $2.48. Also, UTStarcom Holdings Corp. (UTSI) needs to expand a 133.17% increase it experienced over the past twelve months.

Applied Optoelectronics, Inc. (NASDAQ:AAOI) Consensus Call At 2.2

As regular trading ended, Applied Optoelectronics, Inc. (AAOI) stock brought in a $1.44 rise to $42.68. The day started at a price of $41.5 but then traded as high as $43.33 before giving part of the gains back. As for this week, analysts appear content to stick with their neutral outlook with the consensus call at 2.2. Applied Optoelectronics, Inc. is given 3 buy-equivalent recommendations, 1 sells and 1 holds. The company shares sank -58.73% from their peak of $103.41 and now has a $822.02 million market value of equity.

Applied Optoelectronics, Inc. Could Grow 27.18% More

AAOI’s mean recommendation on Reuter’s scale presents no change from 2.33 thirty days ago to 2.33 now, which indicates a hold consensus from the analyst community. They see Applied Optoelectronics, Inc. (AAOI) price hitting a mean target of $54.28 a share, meaning the stock still has potential that could lift the price another 27.18% Also, the recent close suggests the stock is underpriced by 78.07% compared to the most bullish target.

Applied Optoelectronics, Inc. (AAOI) Returns 82.08% This Year

The company had seen its current volume reaching at 1.18 million shares in the last trade. That compares with the recent volume average of 2.36 million. At the close of regular trading, its last week’s stock price volatility was 5.73% which for the month reaches 3.74%. Applied Optoelectronics, Inc. dipped to as low as $41.26 throughout the day and has returned 82.08% in this year. At one point in the past year, the shares traded as low as $21.88 but has recovered 95.06% since then.

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