AU Optronics Corp (AUO) Shares are Down -1.62%

AU Optronics Corp (AUO) : During the past 4 weeks, traders have been relatively bearish on AU Optronics Corp (AUO), hence the stock is down -1.62% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.78% relative to the S&P 500. The 4-week change in the price of the stock is -2.14% and the stock has fallen -1.62% in the past 1 week.

The stock has recorded a 20-day Moving Average of 0.95% and the 50-Day Moving Average is 6.62%.The 200 Day SMA reached 17.3%


AU Optronics Corp (NYSE:AUO): After opening at $3.63, the stock dipped to an intraday low of $3.62 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $3.68 and the buying power remained strong till the end. The stock closed at $3.65 for the day, a gain of 0.55% for the day session. The total traded volume was 1,452,671. The stocks close on the previous trading day was $3.65.

AU Optronics Corp (AUO) stock is expected to deviate a maximum of $0.71 from the average target price of $4.5 for the short term period. 2 Street Experts have initiated coverage on the stock with the most promising target being $5 and the most muted being $4.

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. The Company operates in two business segments: Display Business and Solar Business. In the Display Business segment, the Company designs, develops, manufactures, assembles and markets flat panel displays. In the Solar Business segment, the Company designs, develops and manufactures PV modules, as well as produce solar PV systems and provide various value-added services for solar PV systems projects.

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