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NEW YORK ( TheStreet) -- AU Optronics Corporation (NYSE: AUO) hit a new 52-week low Monday as it is currently trading at $3.99, below its previous 52-week low of $4.05 with 271,280 shares traded as of 10:15 a.m. ET. Average volume has been 2.7 million shares over the past 30 days. AU Optronics has a market cap of $3.6 billion and is part of the technology sector and computer hardware industry. Shares are down 59.7% year to date as of the close of trading on Friday. 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 24.3, above the S&P 500 P/E ratio of 17.7.