Unusual Volume Spikes For: AU Optronics Corp. (AUO)

Marco Green
August 13, 2017

The company is down by -2.10% since yesterday's close of $3.81.

AU Optronics Corp (NYSE:AUO)'s stock had its "hold" rating restated by research analysts at Drexel Hamilton in a report issued on Tuesday. Lastly, BidaskClub cut shares of AU Optronics from a buy recommendation to a hold recommendation in a study report on Saturday, Jul 8th. On average, equities analysts expect that AU Optronics Corp will post $1.13 earnings per share for the current fiscal year.

At the present time, shares of AU Optronics Corp. Finally, CLSA began coverage on AU Optronics Corp in a report on Friday, May 19th. Next quarter's EPS is forecasted at $0.29 and the next full year EPS is anticipated to be $0.40. Allianz Asset Management AG raised its position in AU Optronics by 269.9% in the Q4. Furthermore on 7/19/16 Bank of America "Upgrades" the stock to Buy. Drexel Hamilton reaffirmed a "hold" rating on shares of AU Optronics Corp in a report on Tuesday. UBS AG downgraded AU Optronics from a buy recommendation to a neutral recommendation in a analysis note on early Thur, Jul 6th.

AU Optronics Corp (AUO) now has P/E (Price to Earnings) ratio of 4.99 while the company's industry has 16.15 P/E and the sector P/E is 2002.76.

Several brokerages have recently issued reports on AUO.

The P/E ratio is now 3.24 and the market cap of the company is 3.71B. AU Optronics Corp (ADR) (NYSE:AUO) has risen 56.22% since August 11, 2016 and is uptrending.

AU Optronics (NYSE:AUO) previously disclosed its earnings report on early Wed, Jul 26th. Jane Street Group LLC boosted its stake in shares of AU Optronics Corp by 41.6% in the first quarter. Current trade price levels places AUO's stock about -21.21% away from the 52-week high and closed 13.37% away from the 52-week low. The stock of AU Optronics Corp (ADR) (NYSE:AUO) earned "Market Perform" rating by Bernstein on Friday, September 9. The fund owned 126,756 shares of the semiconductor company's stock after buying an additional 504 shares during the period. The stock has a 50 day moving average of $4.13 and a 200 day moving average of $3.99. Jane Street Group LLC now owns 332,327 shares of the semiconductor company's stock valued at $1,269,000 after buying an additional 97,625 shares during the period. Wetherby Asset Management Inc. now owns 71,407 shares of the semiconductor company's stock worth $273,000 after buying an additional 29,090 shares during the period. The company had revenue of $84.41 billion for the quarter, compared to analyst estimates of $87.09 billion. The company now has an average rating of "Hold" and a consensus price target of $4.38. If you are viewing this report on another site, it was illegally copied and reposted in violation of United States and global copyright and trademark law. If you are accessing this piece on another domain, it was copied illegally and reposted in violation of United States & global copyright laws.

AU Optronics Corp.is a thin-film-transistor liquid-crystal display (TFT-LCD) panel provider. The Company operates in two business segments: display business and solar business.

AU Optronics Corp (AUO) reported sales (ttm) of 11.47 Billion, whereas, 2 number of analysts estimated the mean sale of 2765.77 million. The correct version of this piece can be read at https://sportsperspectives.com/2017/08/11/au-optronics-corps-nyseauo-neutral-rating-reiterated-at-credit-suisse-group-updated-updated-updated.html. Through Display business segment, the Company designs, develops, manufactures, assembles and markets flat panel displays and most of its products are TFT-LCD panels.

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