AU Optronics Corp. (NYSE:AUO)’s share price fell 2.6% during trading on Thursday . The stock traded as low as $4.07 and last traded at $4.09, with a volume of 247,351 shares. The stock had previously closed at $4.20.

Several research firms recently commented on AUO. Jefferies Group cut AU Optronics Corp. from a “buy” rating to a “hold” rating in a research report on Thursday, July 28th. Zacks Investment Research cut AU Optronics Corp. from a “hold” rating to a “sell” rating in a research report on Thursday, May 5th. Credit Suisse Group AG upgraded AU Optronics Corp. from a “neutral” rating to an “outperform” rating in a research report on Wednesday, June 29th. Finally, Bank of America Corp. upgraded AU Optronics Corp. from a “neutral” rating to a “buy” rating in a research report on Tuesday, July 19th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $3.38.

The stock’s market capitalization is $3.90 billion. The stock has a 50 day moving average of $3.76 and a 200 day moving average of $3.02.

AU Optronics Corp. (NYSE:AUO) last released its quarterly earnings results on Wednesday, July 27th. The company reported ($0.06) earnings per share for the quarter, beating the consensus estimate of ($0.20) by $0.14. The firm had revenue of $80.09 billion for the quarter, compared to the consensus estimate of $77.62 billion. AU Optronics Corp.’s quarterly revenue was down 13.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.47 earnings per share. On average, equities research analysts forecast that AU Optronics Corp. will post $0.09 EPS for the current year.

A hedge fund recently raised its stake in AU Optronics Corp. stock. Dimensional Fund Advisors LP increased its position in AU Optronics Corp. (NYSE:AUO) by 1.7% during the fourth quarter, according to its most recent filing with the 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 1.87% of AU Optronics Corp. worth $52,251,000 as of its most recent filing with the SEC.

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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