AU Optronics Corp (NYSE:AUO) Short Interest Update

Gladys Abbott
August 13, 2017

The company is trading down by -2.10% since yesterday's close of $3.81.

AU Optronics Corp (NYSE:AUO)'s stock had its "hold" rating restated by research analysts at Drexel Hamilton in a report issued on Tuesday. Russell Investments Group Ltd. bought a new position in AU Optronics Corp during the fourth quarter valued at approximately $473,000.

Among 9 analysts covering AU Optronics (NYSE:AUO), 2 have Buy rating, 2 Sell and 5 Hold.

AU Optronics Corp. on 3/30/2017 reported its EPS as $-0.02 with the analysts projecting the EPS of the stock as $-0.03. Finally, Morgan Stanley increased its position in shares of AU Optronics Corp by 690.1% in the first quarter.

Trend Direction of AU Optronics Corp. During the same quarter past year, the business earned ($0.06) EPS. Kestrel Investment Management Corp owns 238,150 shares or 2.32% of their USA portfolio. Wetherby Asset Management Inc. increased its position in AU Optronics Corp by 68.7% in the first quarter. The consensus recommendation is the average rating on a stock by the analyst community. Drexel Hamilton reissued a "hold" rating on shares of AU Optronics Corp in a report on Tuesday. "The rating was downgraded by Fubon Bank on Thursday, July 30 to ".

AU Optronics Corporation (NYSE:AUO) had an increase of 1.31% in short interest.

Several equities research analysts have recently weighed in on AUO shares. The company has Beta Value of 0.52 and ATR value of 0.13.

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5 year sales growth rate is an important factor for valuation analysis, the 5 year sales growth of AU Optronics Corp (AUO) stands at -2.82 while the industry's and the sector's growth for next 5 years ticked at 9.37 and 5.25 respectively. State Street raised its position in AU Optronics by 21.4% in the Q4.

Au Optronics Corp (NYSE:AUO) 52-week high price stands at $4.95 and low price stands at $3.44, its price distance from 52-week high is -24.65% while its distance from 52-week low price is 8.43%. State Street Corp now owns 865,762 shares of the semiconductor company's stock worth $3,064,000 after buying an additional 152,778 shares during the period. Comerica Bank now owns 54,466 shares of the semiconductor company's stock valued at $219,000 after buying an additional 6,235 shares during the period.

It is now trading at $3.73 impressively lower than the 50 day moving average of $4.13 and much lower than the 200 day moving average of $3.99.

AU Optronics Corp (AUO) reported earning per shares for the quarter ending Jul 26 BMO, whereas, 2 number of analysts estimated the mean EPS at 0.29. The business had revenue of $84.41 billion during the quarter, compared to analysts' expectations of $87.09 billion.

TRADEMARK VIOLATION WARNING: This piece was published by Markets Daily and is the sole property of of Markets Daily. If you are accessing this piece on another site, it was stolen and reposted in violation of United States and global trademark & copyright legislation. Goldman Sachs Group Inc. now owns 213,460 shares of the semiconductor company's stock valued at $815,000 after buying an additional 63,938 shares during the period. Aperio Group LLC increased its position in shares of AU Optronics Corp by 38.0% in the second quarter.

AU Optronics Corp., launched on August 12, 1996, is a thin-film-transistor liquid-crystal display (TFT-LCD) panel provider. Currently, the stock has a 1 Year Price Target of $3.3. The Firm operates in two business divisions: display business and solar business. Credit Suisse upgraded the stock to "Outperform" rating in Wednesday, June 29 report. Through Display business segment, the Company designs, develops, manufactures, assembles and markets flat panel displays and most of its products are TFT-LCD panels.

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