AU Optronics Corp. (NYSE:AUO) fell 0.6% during trading on Monday . The company traded as low as $3.43 and last traded at $3.46, with a volume of 262,595 shares trading hands. The stock had previously closed at $3.48.

A number of research firms have commented on AUO. Zacks Investment Research cut AU Optronics Corp. from a “hold” rating to a “sell” rating in a research note on Thursday, May 5th. Credit Suisse Group AG upgraded AU Optronics Corp. from a “neutral” rating to an “outperform” rating in a research note on Wednesday, June 29th. Finally, Citigroup Inc. upgraded AU Optronics Corp. from a “sell” rating to a “buy” rating in a research note on Thursday, April 7th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $3.38.

The company has a 50 day moving average of $2.95 and a 200-day moving average of $2.81. The company’s market cap is $3.33 billion.

AU Optronics Corp. (NYSE:AUO) last posted its quarterly earnings results on Thursday, April 28th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.11) by $0.29. During the same quarter last year, the firm posted $0.54 EPS. The business earned $71.14 billion during the quarter, compared to analyst estimates of $2.23 billion. The company’s quarterly revenue was down 25.4% compared to the same quarter last year. On average, equities research analysts predict that AU Optronics Corp. will post ($0.05) EPS for the current year.

An institutional investor recently raised its position in AU Optronics Corp. stock. Dimensional Fund Advisors LP raised its stake in AU Optronics Corp. (NYSE:AUO) by 1.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,955,113 shares of the company’s stock after buying an additional 308,202 shares during the period. Dimensional Fund Advisors LP owned about 1.87% of AU Optronics Corp. worth $52,251,000 as of its most recent SEC filing.

Au Optronics Corp. is engaged in the research, development, production and sale of thin film transistor liquid crystal displays (TFT-LCDs) and other flat panel displays used in a range of applications. The Company is also engaged in the production and sale of solar photovoltaic (PV) modules and systems.

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