- AUO has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $4.8 million.
- AUO has traded 1.3 million shares today.
- AUO is trading at 18.81 times the normal volume for the stock at this time of day.
- AUO is trading at a new high 17.12% above yesterday's close.
'Strong on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as M&A events, material stock news, analyst upgrades, insider buying, buying from 'superinvestors,' or that hedge funds and momentum traders are piling into a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize. In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success. EXCLUSIVE OFFER: Get the inside scoop on opportunities in AUO with the Ticky from Trade-Ideas. See the FREE profile for AUO NOW at Trade-Ideas More details on AUO: AU Optronics Corp. engages in the research, development, production, and sale of thin film transistor liquid crystal displays (TFT-LCDs) and other flat panel displays. It operates through two segments, Display and Solar. The stock currently has a dividend yield of 3.9%. AUO has a PE ratio of 19. Currently there is 1 analyst that rates AU Optronics a buy, 1 analyst rates it a sell, and none rate it a hold. The average volume for AU Optronics has been 1.7 million shares per day over the past 30 days. AU Optronics has a market cap of $2.5 billion and is part of the technology sector and electronics industry. Shares are down 49.5% year-to-date as of the close of trading on Friday. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. TheStreetRatings.com Analysis: TheStreet Quant Ratings rates AU Optronics as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and weak operating cash flow. Highlights from the ratings report include:
- The revenue fell significantly faster than the industry average of 2.0%. Since the same quarter one year prior, revenues fell by 31.5%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
- Net operating cash flow has significantly decreased to $184.36 million or 70.71% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
- The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Electronic Equipment, Instruments & Components industry. The net income has significantly decreased by 65.1% when compared to the same quarter one year ago, falling from $238.18 million to $83.19 million.
- You can view the full AU Optronics Ratings Report.
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