AU Optronics (OTCMKTS:AUOTY) Lifted to Hold at Zacks Investment Research

AU Optronics (OTCMKTS:AUOTY – Get Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Tuesday, Zacks.com reports.

According to Zacks, “Au Optronics is a world-leading manufacturer of large-size thin film transistor liquid crystal display panels, which are currently the most widely used flat panel display technology. They are used in notebook computers, desktop monitors, televisions, digital cameras, DVD players, PDAs, mobile phones, portable games, and car navigation systems, among other applications. “

Separately, Morgan Stanley downgraded AU Optronics from an “overweight” rating to an “equal weight” rating in a report on Thursday, January 20th.

OTCMKTS AUOTY traded up $0.01 during trading hours on Tuesday, hitting $5.69. 92,951 shares of the company were exchanged, compared to its average volume of 166,698. The company has a 50 day moving average of $6.62 and a two-hundred day moving average of $7.27. AU Optronics has a 52-week low of $5.44 and a 52-week high of $9.50.

About AU Optronics (Get Rating)

AU Optronics Corp. designs, develops, manufactures, assembles, and sells thin film transistor liquid crystal displays (TFT-LCDs) and other flat panel displays. The company operates in two segments, Display and Energy. The Display segment designs, develops, manufactures, assembles, and markets flat panel displays for use in televisions, monitors, mobile PCs and devices, automobiles, industrial PCs, automated teller machines, point of sale terminals, pachinko machines, medical equipment, etc.

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