NEW YORK ( TheStreet) -- AU Optronics Corporation (NYSE: AUO) hit a new 52-week low Thursday as it is currently trading at $5.78, below its previous 52-week low of $5.79 with 2.7 million shares traded as of 2:41 p.m. ET. Average volume has been 2.8 million shares over the past 30 days.

AU Optronics has a market cap of $5.5 billion and is part of the technology sector and computer hardware industry. Shares are down 42.3% year to date as of the close of trading on Wednesday.

AU Optronics Corp. researches, develops, produces, and sells thin film transistor liquid crystal displays (TFT-LCDs) and other flat panel displays to original equipment manufacturing service providers. The company has a P/E ratio of 36.4, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates AU Optronics as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, weak operating cash flow and generally disappointing historical performance in the stock itself. You can view the full AU Optronics Ratings Report.

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AU Optronics (AUO) Is Today's Strong And Under The Radar Stock