AU Optronics (OTCMKTS:AUOTY) Sees Large Volume Increase - Time to Buy?

Key Points

• AU Optronics experienced a surge in trading volume, with about 147,186 shares traded, marking a 148% increase from the prior day.
• The company has a market capitalization of $3.58 billion and a PE ratio of -17.90, indicating losses.
• AU Optronics recently declared a dividend of $0.0837 per share, reflecting a significant yield of 189.0%.

AU Optronics Corp (OTCMKTS:AUOTY - Get Free Report) shares saw unusually-strong trading volume on Thursday . Approximately 147,186 shares traded hands during mid-day trading, an increase of 148% from the previous session's volume of 59,310 shares.The stock last traded at $4.65 and had previously closed at $4.91.

AU Optronics Stock Down 1.1%

The stock has a 50 day simple moving average of $4.57 and a 200 day simple moving average of $4.99. The company has a market capitalization of $3.55 billion, a price-to-earnings ratio of -17.73 and a beta of 0.45.

AU Optronics Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, September 8th. Stockholders of record on Thursday, August 7th were given a dividend of $0.0837 per share. The ex-dividend date was Wednesday, August 6th. This represents a dividend yield of 189.0%.

AU Optronics Company Profile

AUO Corporation researches, develops, produces, and sells thin film transistor liquid crystal displays (TFT-LCDs) and other flat panel displays for various applications. It operates through two segments, Display and Energy. The company designs, manufactures, and sells ingots, solar wafers, and solar modules, as well as provides technical engineering and maintenance services for solar system projects.