Free Trial

AU Optronics (OTCMKTS:AUOTY) Shares Gap Up - Here's What Happened

AU Optronics logo with Computer and Technology background

Key Points

  • AU Optronics shares opened at $4.90, up from a previous close of $4.61, with a recent trading volume of 3,328 shares.
  • The company has cut its dividend, with a recent payout of $0.0837 per share reflecting a yield of 189.0% and a negative dividend payout ratio of -115.38%.
  • AU Optronics has a market capitalization of $3.60 billion and a PE ratio of -18.00, indicating financial challenges.
  • Interested in AU Optronics? Here are five stocks we like better.

AU Optronics Corp (OTCMKTS:AUOTY - Get Free Report) shares gapped up prior to trading on Monday . The stock had previously closed at $4.61, but opened at $4.90. AU Optronics shares last traded at $4.70, with a volume of 3,328 shares trading hands.

AU Optronics Price Performance

The firm has a market cap of $3.60 billion, a PE ratio of -18.00 and a beta of 0.45. The company has a 50 day simple moving average of $4.57 and a 200-day simple moving average of $5.00.

AU Optronics Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, September 8th. Shareholders of record on Thursday, August 7th were given a dividend of $0.0837 per share. The ex-dividend date of this dividend was Wednesday, August 6th. This represents a yield of 189.0%. AU Optronics's dividend payout ratio (DPR) is currently -115.38%.

About AU Optronics

(Get Free Report)

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.

Featured Articles

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in AU Optronics Right Now?

Before you consider AU Optronics, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AU Optronics wasn't on the list.

While AU Optronics currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginner's Guide To Retirement Stocks Cover

Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.