AUO (OTCMKTS:AUOTY) Shares Gap Up – Here’s What Happened

by · The Markets Daily

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY – Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $3.59, but opened at $3.9490. AUO shares last traded at $3.68, with a volume of 51,827 shares changing hands.

AUO Price Performance

The company has a market cap of $2.83 billion, a price-to-earnings ratio of 12.26 and a beta of 0.49. The stock’s 50-day simple moving average is $4.04 and its 200 day simple moving average is $4.58. The company has a quick ratio of 0.86, a current ratio of 1.19 and a debt-to-equity ratio of 0.61.

AUO (OTCMKTS:AUOTY – Get Free Report) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.09 earnings per share (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 business had revenue of $2.28 billion for the quarter, compared to the consensus estimate of $2.30 billion. On average, equities research analysts anticipate that AUO Corporation – Sponsored ADR will post -0.26 EPS for the current fiscal year.

AUO Company Profile

(Get Free Report)

AUO Corporation researches, develops, produces, and sells thin film transistor liquid crystal displays (TFT-LCDs) and other flat panel displays for various applications. It operates through two segments, Display and Energy. The company designs, manufactures, and sells ingots, solar wafers, and solar modules, as well as provides technical engineering and maintenance services for solar system projects.

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