AU Optronics Corp. (NYSE:AUO) fell 1.8% on Friday . The stock traded as low as $3.89 and last traded at $3.90, with a volume of 712,605 shares trading hands. The stock had previously closed at $3.97.

Several research firms have recently weighed in on AUO. Zacks Investment Research downgraded AU Optronics Corp. from a “hold” rating to a “sell” rating in a report on Thursday, May 5th. Citigroup Inc. raised AU Optronics Corp. from a “sell” rating to a “buy” rating in a report on Thursday, April 7th. Bank of America Corp. raised AU Optronics Corp. from a “neutral” rating to a “buy” rating in a report on Tuesday. Finally, Credit Suisse Group AG raised AU Optronics Corp. from a “neutral” rating to an “outperform” rating in a report on Wednesday, June 29th. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. AU Optronics Corp. has an average rating of “Buy” and a consensus price target of $3.69.

The company’s market capitalization is $3.77 billion. The firm has a 50 day moving average of $3.16 and a 200 day moving average of $2.85.

AU Optronics Corp. (NYSE:AUO) last released its quarterly earnings results on Thursday, April 28th. The company reported $0.18 EPS for the quarter, topping the consensus estimate of ($0.11) by $0.29. The company had revenue of $71.14 billion for the quarter, compared to analyst estimates of $2.23 billion. During the same period last year, the firm posted $0.54 earnings per share. The business’s revenue was down 25.4% on a year-over-year basis. On average, analysts anticipate that AU Optronics Corp. will post ($0.04) EPS for the current year.

An institutional investor recently raised its position in AU Optronics Corp. stock. Dimensional Fund Advisors LP increased 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 fund 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 at the end of the most recent quarter.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.