AUO (OTCMKTS:AUOTY) Shares Gap Down – Time to Sell?
by Teresa Graham · The Cerbat GemAUO Corporation – Sponsored ADR (OTCMKTS:AUOTY – Get Free Report)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $3.70, but opened at $3.48. AUO shares last traded at $3.82, with a volume of 1,344 shares changing hands.
AUO Price Performance
The company has a 50-day moving average of $3.73 and a two-hundred day moving average of $4.37. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.19 and a quick ratio of 0.86. The stock has a market capitalization of $2.93 billion, a PE ratio of 12.67 and a beta of 0.49.
AUO (OTCMKTS:AUOTY – Get Free Report) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.09 EPS for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.10. AUO had a net margin of 3.17% and a return on equity of 5.77%. The company had revenue of $2.28 billion during the quarter, compared to the consensus estimate of $2.30 billion. Sell-side analysts predict that AUO Corporation – Sponsored ADR will post -0.26 EPS for the current fiscal year.
About AUO
AU Optronics Corp. (OTCMKTS:AUOTY) is a Taiwanese manufacturer specializing in thin‐film‐transistor liquid crystal display (TFT‐LCD) panels. Headquartered in Hsinchu, Taiwan, the company designs, develops and produces high‐resolution display solutions for a variety of end markets, including televisions, desktop monitors, notebook computers, mobile devices and tablets. In addition to consumer electronics, AU Optronics supplies specialty and industrial displays for applications such as automotive instrument clusters, medical imaging and retail signage.
Founded in 1996, AU Optronics has grown into one of the world’s leading TFT‐LCD producers by expanding its fabrication facilities across Taiwan and mainland China.