Applied Optoelectronics Shares Surge Past 200-Day Moving Average

During trading on Tuesday, shares of Applied Optoelectronics Inc (Symbol: AAOI) surpassed their 200-day moving average of $20.55, reaching a peak of $21.16 per share. As a result, the stock is currently up approximately 11.3% for the day. The following chart illustrates the one-year performance of AAOI shares in relation to their 200-day moving average:

According to the chart, AAOI’s 52-week low stands at $6.70 per share, while its high is $44.50. The latest trading price was reported at $20.29.

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