Alpha and Omega Semiconductor L (NASDAQ:AOSL).
On February 4 B. Riley maintained a stock rating of “Neutral” but raised the price expectation to $10.50 from $10.25. On February 4 the stock rating was upgraded to “Outperform” from “Market Perform” by Northland Securities.
August 12 investment analysts at B. Riley made no change to the company rating of “Neutral” but lowered the price target from $9.00 to $8.50. On August 7, 2015 the stock rating was rated “Hold” according to a Stifel Nicolaus report which was a cut from the previous “Buy” rating.
On May 6 the company was downgraded from “Outperform” to “Market Perform” in a report from Northland Securities.
The company is trading up by 5.45 percent from yesterday’s close. Company shares last traded at $22.24 which is slightly above $20.40, the stock’s 50 day moving average and a tad higher than the 200 day moving average of $15.14. The 50 day moving average went up by +8.58% and the 200 day average went up $7.01 or +46.26%.
In the last earnings report the EPS was $-0.13 and is expected to be $0.37 for the current year with 22,755,000 shares currently outstanding. Next quarter’s EPS is estimated at $0.08 with next year’s EPS anticipated to be $0.62.
Traders are feeling more bearish on the company as indicated by the uptick in short interest. The stock realized a rise in short interest of 0.22% as of the latest report on September 15, 2016. Short shares increased 55,156 over that period. The short-interest ratio increased to 1.4 and the percentage of shorted shares is 0.01% as of September 15.