AU Optronics (OTCMKTS:AUOTY) Shares Gap Up - Time to Buy?

Key Points

• AU Optronics shares saw a gap up before market opening, moving from a previous close of $4.38 to an opening of $4.64, but last traded at $4.43.
• The company announced a dividend of $0.0837 per share, with a yield of 189.0% scheduled for payment on September 8th.
• AU Optronics has a market cap of $3.41 billion and operates in the production of TFT-LCDs and solar products.

AU Optronics Corp (OTCMKTS:AUOTY - ) gapped up before the market opened on Monday . The stock had previously closed at $4.38, but opened at $4.64. AU Optronics shares last traded at $4.43, with a volume of 3,005 shares traded.

AU Optronics Stock Performance

The firm has a market cap of $3.41 billion, a price-to-earnings ratio of -17.04 and a beta of 0.45. The firm has a 50-day moving average price of $4.81 and a two-hundred day moving average price of $4.94.

AU Optronics Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, September 8th. Shareholders of record on Thursday, August 7th will be given a dividend of $0.0837 per share. The ex-dividend date of this dividend is Wednesday, August 6th. This represents a yield of 189.0%.

About AU Optronics

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.

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