NEW YORK (
AU Optronics Corporation
) hit a new 52-week low Friday as it is currently trading at $7.87, below its previous 52-week high of $12.10 with 1.2 million shares traded as of 10:06 a.m. ET. Average volume has been 2.6 million shares over the past 30 days.
AU Optronics has a market cap of $7.6 billion and is part of the
industry. Shares are down 19.7% year to date as of the close of trading on Thursday.
AU Optronics Corp. engages in the design, development, manufacture, assembly, and marketing of thin film transistor liquid crystal display (TFT-LCD) panels and other flat panel displays. The company has a P/E ratio of 33.3, above the average computer hardware industry P/E ratio of 33.2 and above the S&P 500 P/E ratio of 17.
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TheStreet Ratings rates AU Optronics as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and poor profit margins. You can view the full
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