The company's 50-day moving average is $4.14 and its 200-day moving average is $3.99.
AU Optronics Corp (NYSE:AUO) was the recipient of a large decrease in short interest in the month of July. Credit Suisse Group restated a "neutral" rating on shares of AU Optronics Corp in a report on Wednesday, July 12th. In terms of a technical look around AU Optronics Corp. The semiconductor company reported $0.34 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.36 by $0.02. BidaskClub downgraded shares of AU Optronics Corp from a "buy" rating to a "hold" rating in a report on Saturday, July 8th. CLSA assumed coverage on stocks of AU Optronics in a study report published on Fri, May 19th.
According to analysts Au Optronics Corp (NYSE:AUO)'s minimum EPS for the current quarter is at $0.31 and can go high up to $0.34. The shares have moved -2.28% on the week. Acadian Asset Management LLC increased its position in shares of AU Optronics Corp by 1.7% in the second quarter. Five equities research analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. Drexel Hamilton reaffirmed a "hold" rating on shares of AU Optronics Corp in a report on Tuesday. 1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating.
AU Optronics Corporation (NYSE:AUO) had an increase of 1.31% in short interest.
Currently Au Optronics Corp (NYSE:AUO)'s shares owned by insiders are 14%, whereas shares owned by institutional owners are 7.9%. The market capitalization of the company is at $3.65 Billion. Past 5 years growth of Au Optronics Corp (NYSE:AUO) observed at 52.49%, looking forward for the next 5 years it has a strong prediction of 65.5% over growth. Renaissance Technologies LLC increased its position in shares of AU Optronics Corp by 27.5% in the first quarter. AU Optronics Corp has a 52 week low of $3.44 and a 52 week high of $4.95. State Street Corp owns 906,972 shares valued at $3,464,000.
AU Optronics Corp (AUO) reported earning per shares for the quarter ending Jul 26 BMO, whereas, 2 number of analysts estimated the mean EPS at 0.29. Shares are trading at $3.85 impressively lower than $4.12, the 50 day moving average and a tad under the 200 day moving average of $3.99. The company's revenue for the quarter was up 5.4% compared to the same quarter past year. Its book value per share for the most recent quarter is $6.47 while its price to book ratio for the same period is 0.58, as for as the company's cash per share for the most recent quarter is $2.91, however its price to cash per share ratio for the same period is 1.28. If you are accessing this piece on another publication, it was illegally stolen and reposted in violation of United States & global copyright and trademark legislation. The correct version of this piece can be read at https://www.themarketsdaily.com/2017/08/11/bank-of-montreal-can-purchases-532500-shares-of-au-optronics-corp-auo.html.
AU Optronics Corp.is a thin-film-transistor liquid-crystal display panel provider. Russell Investments Group Ltd. bought a new position in AU Optronics Corp during the fourth quarter worth $473,000. The Company operates in two business segments: display business and solar business. The stock has 5 year expected PEG ratio of 0.07 whereas its trailing twelve month P/E ratio is 4.88. Through Display business segment, the Company designs, develops, manufactures, assembles and markets flat panel displays and most of its products are TFT-LCD panels.