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ALLIANCE FIBER OPTIC PRODUCTS AFOP

"Alliance Fiber Optic Products Inc designs, manufactures and markets fiber optic components, and integrated modules incorporating these components, for communications equipment manufacturers and service providers."


NDAQ:AFOP - Post by User

Comment by lindbeckon Feb 16, 2014 10:44pm
177 Views
Post# 22216506

RE:technicals a buy!

RE:technicals a buy!Ummm, technicals definitely NOT a buy any more. Fundamentals have changed, too. A trailing 12 month P/E of 12.98 vs. a forward P/E of 9.71. Looks like sales have slumped, Seldomseen. Price to Cash Flow is still high at 23.46. We may see support level of $9.82 once again. Strangely, Zacks says that Analysts rate the stock a HOLD with a Target Price Consensus of $16.25. We're obviously still in a "bull market", but this seems rather contradictory, don't you think?
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