AU Optronics Corp stock performance trend indicates that the stock price has rallied 6.22% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 7.67% . Looking at the past 52 week period, the stock price is up at 30.57% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of AU Optronics Corp has a positive value of 49.64 compared to overall market.AU Optronics Corp. is having a Relative Strength Index of 52.69 which indicates the stock is not yet over sold or over bought based on the technical indicators.
AU Optronics Corp (NYSE:AUO) has climbed 4.8% in the past week and advanced 4.52% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 4.55% and the outperformance has advanced to 3.33% for the last 4 weeks period.
For the current week, the company shares have a recommendation consensus of Buy. AU Optronics Corp (NYSE:AUO) witnessed a volatile trading activity on Friday and eventually ended flat at 0% or 0 points without letting the bulls or bears take much advantage. The trading began at $3.94 and reached the intraday high at $3.94. The bulls started the profit booking and pushed the shares to intraday low of $3.9141. The trading session was marked by a volume range of 1,385,935 shares exchanging hands. The 52-week high of the shares is $4.42 and the 52-week low is $2.47. The market cap of the company stands at $3,782 million and there are 962,424,510 shares in public circulation.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.AU Optronics Corp (ADR) was Downgraded by Bernstein to Underperform on Mar 3, 2017. AU Optronics Corp (ADR) was Downgraded by Bernstein to Underperform on Mar 3, 2017. AU Optronics Corp (ADR) was Downgraded by JP Morgan to Underweight on Feb 13, 2017.
AU Optronics Corp (ADR) Last issued its quarterly earnings results on Feb 14, 2017. The company reported $0.93 EPS for the quarter, beating the analyst consensus estimate by $ 0.28. Analyst had a consensus of $0.65. The company had revenue of $91850.00 million for the quarter, compared to analysts expectations of $87615.74 million. The companys revenue was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.85 EPS.
Au Optronics is a world-leading manufacturer of large-size thin film transistor liquid crystal display panels, which are currently the most widely used flat panel display technology. They are used in notebook computers, desktop monitors, televisions, digital cameras, DVD players, PDAs, mobile phones, portable games, and car navigation systems, among other applications.