Analyst Views And Outlook On Two Stocks: Protalix BioTherapeutics, Inc. (PLX), Applied Optoelectronics, Inc. (AAOI)

Protalix BioTherapeutics, Inc. (NYSE:PLX) recorded a trading volume of 1.56 million shares, above its 90-day volume average of 1.45 million shares. The stock kicked off the session at $0.7 and later approached $0.71 with a change of 1.14%.

Protalix BioTherapeutics, Inc. (PLX) Analyst Opinion

Protalix BioTherapeutics, Inc. has a consensus outperform rating from 4 Wall Street analysts, and the number of shares currently sold short amount to at least 2.03% of shares outstanding. The stock spiked 10.63% last month and is up 7.08 this year. Wall Street is only getting more bullish on the stock, with 1 of analysts who cover PLX having a buy-equivalent rating. Analysts have placed a $3.55 price target on Protalix BioTherapeutics, Inc., suggesting a 400% gain from recent close. It’s currently trading about -53.25% below its 52-week high.

Protalix BioTherapeutics, Inc. Earnings Surprise

Protalix BioTherapeutics, Inc. (PLX) revenue totaled $5.7 million up 387.18% from the previous quarter.

Protalix BioTherapeutics, Inc. (NYSE:PLX) Intraday View

This stock (PLX) is ahead of its 52-week low with 77%. Its last month’s stock price volatility remained 5.88% which for the week stands at 4.94%. The share price has moved forward from its 20 days moving average, trading at a distance of 7.15% and stays 3.39% away from its 50 days moving average. Over the last five days, shares have faced -1.67% losses and now is down -6.95% since hitting its 200-day moving average of $0.667. Protalix BioTherapeutics, Inc. (PLX) has made its way to a 12-month gain of 74.81%.

Turning to Applied Optoelectronics, Inc. (NASDAQ:AAOI), its shares were trading at $35.94 a gain of $0.63, on the trading floor. The stock, after opening at $35.37, touched a high of $36.28 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.3. Applied Optoelectronics, Inc. has 3 buy ratings, 2 holds and 1 sells even after the stock tumbled -65.25% from its high of $103.41 to a $687.53 million market value through last close.

Applied Optoelectronics, Inc. (AAOI) Consensus Price Target

The company’s consensus rating on Reuter’s scale improved from 2.38 to 2.44 during a month. Analysts set a 12-month price target of $50.56 a share. The target implies a 40.68% spike from where the shares are currently trading. Also, the current price highlights a discount of 111.46% to analysts’ high consensus price target.

Applied Optoelectronics, Inc. (NASDAQ:AAOI) Intraday Trading

The counter witnessed a trading volume of 0.87 million shares versus an average volume of 1.8 million shares during last trading session. Its last month’s stock price volatility remained 5.24% which for the week approaches 3.98%. The lowest price the stock reached in the last trading day was $35.01 and compares with the $22.50 52-week low. The stock recovered 59.73% since its low point and has performed -4.97% year-to-date.

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