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AU Optronics (AUO) Shows Strength: Stock Moves 7.4% Higher
AU Optronics Corp. was a big mover last session, as the company saw its shares rise above 7% on the day. The move came after the company was upgraded to “Outperform” from “Neutral” by Credit Suisse. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $2.72–$2.98 in the past one-month time frame.
In the last 30 days, the company has seen no estimate revision and the Zacks Consensus Estimate also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
AU Optronics currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
AU OPTRONCS-ADR Price
AU OPTRONCS-ADR Price | AU OPTRONCS-ADR Quote
A better-ranked Electronic-Misc. Components stock is Fabrinet (FN - Free Report) , which sports a Zacks Rank #1 (Strong Buy).
Is AUO going up? Or down? Predict to see what others think: Up or Down
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