AU Optronics Corp American Depo (NYSE:AUO) Sees Significantly Higher Trading Volume

Ivan Schwartz
August 13, 2017

The company's 50-day moving average is $4.14 and its 200-day moving average is $3.99.

Credit Suisse Group restated their neutral rating on shares of AU Optronics Corp (NYSE:AUO) in a report published on Wednesday, July 12th, Marketbeat Ratings reports. Russell Investments Group Ltd. bought a new position in AU Optronics Corp during the fourth quarter valued at approximately $473,000. However the company reported $-0.02 earnings per share for the same quarter during past year.

Among 9 analysts covering AU Optronics (NYSE:AUO), 2 have Buy rating, 2 Sell and 5 Hold. The semiconductor company reported $0.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.36 by $0.02. CLSA started coverage on shares of AU Optronics Corp in a research note on Friday, May 19th. Analysts expect next quarter's EPS will be $0.29 and the next full year EPS is anticipated to be $0.40. Kestrel Investment Management Corp owns 238,150 shares or 2.32% of their U.S. portfolio. Finally, Sensato Investors LLC boosted its stake in shares of AU Optronics Corp by 15.5% in the first quarter.

A number of other analysts have also issued reports on the company. They set a "buy" rating on the stock. Drexel Hamilton reaffirmed a "hold" rating on shares of AU Optronics Corp in a report on Tuesday. BidaskClub downgraded AU Optronics Corp from a "buy" rating to a "hold" rating in a report on Saturday, July 8th.

AU Optronics Corporation (NYSE:AUO) had an increase of 1.31% in short interest. JP Morgan upgraded the shares of AUO in report on Monday, January 11 to "Neutral" rating. AU Optronics Corp American Depo's P/E ratio is 3.13 and the market cap of the company is 3.59B. AU Optronics Corp (ADR) (NYSE:AUO) has risen 56.22% since August 11, 2016 and is uptrending. UBS AG cut shares of AU Optronics Corp from a buy rating to a neutral rating in a research report on Thursday, July 6th.

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For the Current Quarter, the growth estimate for AU Optronics 1750%, while for the Next Quarter the stock growth estimate is 81.2%.

Au Optronics Corp (NYSE:AUO) 52-week high price stands at $4.95 and low price stands at $3.44, its price distance from 52-week high is -24.65% while its distance from 52-week low price is 8.43%. State Street Corp owns 906,972 shares valued at $3,464,000. Causeway Capital Management LLC now owns 177,100 shares of the semiconductor company's stock valued at $677,000 after buying an additional 25,200 shares during the period. The fund owned 126,756 shares of the semiconductor company's stock after buying an additional 504 shares during the period.

AU Optronics Corp (NYSE:AUO) traded up 2.95% during mid-day trading on Friday, reaching $3.84. Company shares last traded at $3.73 significantly lower than the 50 day moving average of $4.14 and which is much lower than the 200 day moving average of $3.99. Goldman Sachs Group Inc controls 213,460 shares with a value of $815,000. 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 a thin-film-transistor liquid-crystal display panel provider.

Taking a broader look brokerage firms' analysts on the street with an expectant view have Au Optronics Corp (NYSE:AUO) high price target of $3.3 and with a conservative view have low price target of $3.3. The correct version of this piece can be accessed at The Firm operates in two business divisions: display business and solar business. The company presently has an average rating of "Hold" and an average price target of $4.38. Through Display business segment, the Company designs, develops, makes, assembles and markets flat panel displays and most of its products are TFT-LCD panels.

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