AU Optronics Corp. (NYSE:AUO)’s share price traded down 4% during mid-day trading on Thursday . The stock traded as low as $4.03 and last traded at $4.07, with a volume of 1,277,199 shares trading hands. The stock had previously closed at $4.24.

Several equities analysts recently issued reports on the stock. Zacks Investment Research lowered shares of AU Optronics Corp. from a “hold” rating to a “sell” rating in a report on Thursday, May 5th. Jefferies Group lowered shares of AU Optronics Corp. from a “buy” rating to a “hold” rating in a report on Thursday. Citigroup Inc. raised shares of AU Optronics Corp. from a “sell” rating to a “buy” rating in a report on Thursday, April 7th. Credit Suisse Group AG raised shares of AU Optronics Corp. from a “neutral” rating to an “outperform” rating in a report on Wednesday, June 29th. Finally, Bank of America Corp. upgraded shares of AU Optronics Corp. from a “neutral” rating to a “buy” rating in a research note on Tuesday, July 19th. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $3.69.

The company’s market capitalization is $3.93 billion. The company has a 50 day moving average of $3.33 and a 200-day moving average of $2.90.

AU Optronics Corp. (NYSE:AUO) last issued its quarterly earnings data on Wednesday, July 27th. The company reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.20) by $0.14. During the same quarter in the prior year, the company posted $0.47 earnings per share. The company earned $80.09 billion during the quarter, compared to analyst estimates of $77.62 billion. The business’s revenue was down 13.2% compared to the same quarter last year. Analysts predict that AU Optronics Corp. will post ($0.04) EPS for the current fiscal year.

A hedge fund recently raised its stake 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 institutional investor 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 approximately 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.

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