AU Optronics (OTCMKTS:AUOTY) Trading Down 4.3% - Should You Sell?

Key Points

• AU Optronics shares dropped by 4.3% during trading, closing at $4.40, which is significantly below its 50-day moving average price of $4.69.
• The company recently announced a dividend payout of $0.0837 with a staggering dividend yield of 189.0%, despite having a negative payout ratio of -115.38%.
• AU Optronics has a market cap of $3.39 billion and operates in the display and energy sectors, producing both flat panel displays and solar technology.

AU Optronics Corp (OTCMKTS:AUOTY - ) traded down 4.3% during trading on Monday . The stock traded as low as $4.40 and last traded at $4.40. 37,681 shares were traded during mid-day trading, a decline of 58% from the average session volume of 90,139 shares. The stock had previously closed at $4.60.

AU Optronics Stock Down 4.3%

The firm has a 50 day moving average price of $4.69 and a 200 day moving average price of $4.96. The stock has a market cap of $3.39 billion, a P/E ratio of -16.92 and a beta of 0.45.

AU Optronics Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, September 8th. Stockholders of record on Thursday, August 7th will be paid a $0.0837 dividend. The ex-dividend date of this dividend is Wednesday, August 6th. This represents a dividend yield of 189.0%. AU Optronics's dividend payout ratio (DPR) is -115.38%.

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.

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