AU Optronics (OTCMKTS:AUOTY) upgraded by Zacks Investment Research to “Hold”
AU Optronics (OTCMKTS:AUOTY – Get Note) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report released Tuesday to clients and investors, Zacks.com reports.
According to Zacks, “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 laptop computers, desktop monitors, televisions, digital cameras, DVD players, PDAs, cell phones, portable games, and car navigation systems, among other applications. “
Separately, Morgan Stanley downgraded shares of AU Optronics from an “overweight” rating to an “equally weighted” rating in a Thursday, Jan. 20, report.
Shares of AU Optronics traded down $0.28 during trading hours on Tuesday, hitting $6.21. The company’s stock had a trading volume of 131,633 shares, compared to an average volume of 88,654. The stock has a 50-day moving average of $7.25 and a 200-day moving average of $7.33. AU Optronics has a 12 month minimum of $6.00 and a 12 month maximum of $15.00.
About AU Optronics (Get a rating)
AU Optronics Corp. designs, develops, manufactures, assembles and sells thin film transistor liquid crystal displays (TFT-LCDs) and other flat panel displays. The Company operates in two segments, Display and Energy. The Display segment designs, develops, manufactures, assembles and markets flat panel displays for use in televisions, monitors, PCs and mobile devices, automobiles, industrial PCs, ATMs, point-of-sale terminals, pachinko machines, medical equipment, etc.
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