Stock News

AU Optronics Corp. (AUO) Reaches $4.33 After 5.00% Down Move; ARCA CONTINENTAL SAB DE CV ORDINARY SHAR (EMBVF) SI Decreased By 23.26%

AU Optronics Corp. (NYSE:AUO) Logo

The stock of AU Optronics Corp. (NYSE:AUO) is a huge mover today! The stock decreased 2.70% or $0.12 during the last trading session, reaching $4.33. About 682,853 shares traded. AU Optronics Corp. (NYSE:AUO) has risen 17.90% since April 16, 2017 and is uptrending. It has outperformed by 6.35% the S&P500.The move comes after 6 months negative chart setup for the $4.29B company. It was reported on Apr, 16 by Barchart.com. We have $4.11 PT which if reached, will make NYSE:AUO worth $214.35M less.

ARCA CONTINENTAL SAB DE CV ORDINARY SHAR (OTCMKTS:EMBVF) had a decrease of 23.26% in short interest. EMBVF’s SI was 867,200 shares in April as released by FINRA. Its down 23.26% from 1.13 million shares previously. With 1,700 avg volume, 510 days are for ARCA CONTINENTAL SAB DE CV ORDINARY SHAR (OTCMKTS:EMBVF)’s short sellers to cover EMBVF’s short positions. The SI to ARCA CONTINENTAL SAB DE CV ORDINARY SHAR’s float is 0.09%. It closed at $7.1158 lastly. It is down 0.00% since April 16, 2017 and is . It has underperformed by 11.55% the S&P500.

Analysts await AU Optronics Corp. (NYSE:AUO) to report earnings on April, 26. They expect $0.04 EPS, down 87.50% or $0.28 from last year’s $0.32 per share. AUO’s profit will be $39.60M for 27.06 P/E if the $0.04 EPS becomes a reality. After $0.15 actual EPS reported by AU Optronics Corp. for the previous quarter, Wall Street now forecasts -73.33% negative EPS growth.

AU Optronics Corp. researches, develops, produces, and sells thin film transistor liquid crystal displays and other flat panel displays. The company has market cap of $4.29 billion. The firm operates through two divisions, Display and Solar. It has a 2.97 P/E ratio. The Display segment designs, develops, makes, assembles, and markets flat panel displays for use in televisions, 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, and others.

Among 10 analysts covering AU Optronics (NYSE:AUO), 2 have Buy rating, 3 Sell and 5 Hold. Therefore 20% are positive. AU Optronics had 15 analyst reports since July 30, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, August 15 by Morgan Stanley. The stock has “Underperform” rating by Bernstein on Friday, March 3. The firm has “Hold” rating given on Tuesday, August 8 by Drexel Hamilton. The company was downgraded on Friday, October 28 by Nomura. On Wednesday, June 29 the stock rating was upgraded by Credit Suisse to “Outperform”. The rating was upgraded by Citigroup to “Sell” on Thursday, April 7. The rating was downgraded by Bernstein on Friday, September 9 to “Market Perform”. The firm has “Hold” rating by Drexel Hamilton given on Thursday, July 27. The stock of AU Optronics Corp. (NYSE:AUO) has “Buy” rating given on Tuesday, July 19 by Bank of America. The stock has “Neutral” rating by JP Morgan on Monday, January 11.

Arca Continental, S. A. B. de C. V., together with its subsidiaries, makes, distributes, and sells non-alcoholic beverages in the United States, Mexico, Argentina, Peru, and the Republic of Ecuador. The company has market cap of $12.20 billion. It operates through Beverages and Other divisions. It has a 17.48 P/E ratio. The companyÂ’s products include soft drinks, water, dairy drinks, juices, nectars, sports drinks, energy drinks, tea, carbonated and not carbonated drinks, low-calorie drinks, and vitamin drinks, as well as snacks and candies.

Leave a Reply

Your email address will not be published. Required fields are marked *