AU Optronics Corp. (NYSE:AUO) traded down 3.5% during trading on Wednesday . The stock traded as low as $3.90 and last traded at $3.91, with a volume of 306,226 shares traded. The stock had previously closed at $4.05.

Several equities research analysts have commented on the company. Jefferies Group lowered AU Optronics Corp. from a “buy” rating to a “hold” rating in a research report on Thursday, July 28th. Zacks Investment Research raised AU Optronics Corp. from a “hold” rating to a “buy” rating and set a $4.25 target price for the company in a research note on Wednesday, July 20th. Bank of America Corp. raised AU Optronics Corp. from a “neutral” rating to a “buy” rating in a research note on Tuesday, July 19th. Finally, Credit Suisse Group AG raised AU Optronics Corp. from a “neutral” rating to an “outperform” rating in a research note on Wednesday, June 29th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $3.38.

The company’s 50-day moving average is $3.82 and its 200-day moving average is $3.04. The stock’s market capitalization is $3.72 billion.

AU Optronics Corp. (NYSE:AUO) last released its quarterly earnings results 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 period last year, the firm earned $0.47 EPS. The firm had revenue of $80.09 billion for the quarter, compared to analyst estimates of $77.62 billion. The company’s quarterly revenue was down 13.2% on a year-over-year basis. On average, analysts predict that AU Optronics Corp. will post $0.09 earnings per share for the current year.

A hedge fund recently raised its stake in AU Optronics Corp. stock. Dimensional Fund Advisors LP boosted 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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