AU Optronics Corp (AUO) has been under a strong bear grip, hence the stock is down -1.97% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.43% in the past 1 week. The stock has risen by 1.76% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.17% in the past 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.93% and the fifty day Moving Average is 9.82%. AU Optronics Corp. is up 48.9% in the last three month period. Year-to-Date the stock performance stands at 39.18%.
AU Optronics Corp (NYSE:AUO): On Fridays trading session , Opening price of the stock was $4.09 with an intraday high of $4.12. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $4. However, the stock managed to close at $4.05, a loss of 1.22% for the day. On the previous day, the stock had closed at $4.1. The total traded volume of the day was 770,793 shares.
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.