Mid Cap Stocks To Watch Now – November 11th

IREN, Applied Optoelectronics, and AXT are the three Mid Cap stocks to watch today, according to MarketBeat’s stock screener tool. Mid-cap stocks are shares of companies with a medium-sized market value, commonly defined in the U.S. as roughly $2 billion to $10 billion, though the range varies by index and market. For investors, they often offer more growth potential than large-cap stocks but may carry more volatility and risk. These companies had the highest dollar trading volume of any Mid Cap stocks within the last several days.

IREN (IREN)

IREN Limited, formerly known as Iris Energy Limited, owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.

Shares of NASDAQ IREN traded up $1.30 during mid-day trading on Wednesday, reaching $21.03. The company had a trading volume of 64,271,614 shares, compared to its average volume of 45,010,859. The stock has a fifty day moving average of $35.24 and a two-hundred day moving average of $43.28. The company has a debt-to-equity ratio of 1.77, a quick ratio of 1.60 and a current ratio of 1.60. IREN has a 12-month low of $17.16 and a 12-month high of $70.71. The company has a market capitalization of $8.29 billion, a price-to-earnings ratio of -5.14 and a beta of 4.33.

Applied Optoelectronics (AAOI)

Applied Optoelectronics, Inc. designs, manufactures, and sells fiber-optic networking products in the United States, Taiwan, and China. It offers optical modules, optical filters, lasers, laser components, subassemblies, transmitters and transceivers, turn-key equipment, headend, node, distribution equipment, and amplifiers.

Shares of AAOI traded up $8.25 during mid-day trading on Wednesday, hitting $56.57. 11,391,762 shares of the company’s stock were exchanged, compared to its average volume of 10,668,478. Applied Optoelectronics has a twelve month low of $18.50 and a twelve month high of $233.67. The firm has a fifty day moving average of $90.69 and a two-hundred day moving average of $113.37. The stock has a market cap of $5.13 billion, a price-to-earnings ratio of -131.79 and a beta of 4.04. The company has a quick ratio of 1.77, a current ratio of 2.34 and a debt-to-equity ratio of 0.10.

AXT (AXTI)

AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates. The company offers indium phosphide for use in data center connectivity using light/lasers, high-speed data transfer in data centers, 5G communications, fiber optic lasers and detectors, consumer devices, passive optical networks, silicon photonics, photonic integrated circuits, thermo-photovoltaics, RF amplifier and switching, infrared light-emitting diode (LEDS) motion control, lidar for robotics and autonomous vehicles, and infrared thermal imaging.

AXTI traded up $7.99 during trading on Wednesday, hitting $47.30. The stock had a trading volume of 11,004,539 shares, compared to its average volume of 10,258,161. AXT has a 12 month low of $8.44 and a 12 month high of $143.16. The firm has a market cap of $3.10 billion, a PE ratio of 105.43 and a beta of 2.01. The company has a 50 day simple moving average of $63.26 and a 200-day simple moving average of $64.84.