Morgan Stanley upgraded shares of AU Optronics (NYSE:AUO) from an equal weight rating to an overweight rating in a research report report published on Sunday, The Fly reports.
Separately, Zacks Investment Research downgraded AU Optronics from a hold rating to a sell rating in a research note on Tuesday, October 1st.
Shares of AUO stock opened at $2.68 on Friday. The company has a market capitalization of $2.58 billion, a price-to-earnings ratio of 7.88 and a beta of 0.73. AU Optronics has a 1-year low of $2.16 and a 1-year high of $4.29. The company has a current ratio of 1.56, a quick ratio of 1.29 and a debt-to-equity ratio of 0.49. The stock’s fifty day simple moving average is $2.49 and its 200-day simple moving average is $2.63.
About AU Optronics
AU Optronics Corp. researches, develops, produces, and sells thin film transistor liquid crystal displays and other flat panel displays. The company operates through two segments, Display and Solar. The Display segment designs, develops, manufactures, assembles, and markets flat panel displays for use in televisions (TVs), TV sets, and other related products; desktop monitors; mobile PCs, such as notebooks and tablets; mobile phones; and commercial and other applications, including displays for automobiles, industrial PCs, automated teller machines, point of sale terminals, pachinko machines, medical equipment, and others.
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