AUO (OTCMKTS:AUOTY) Stock Price Down 9.4% – Should You Sell?

by · The Markets Daily

Shares of AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY – Get Free Report) fell 9.4% during trading on Wednesday . The company traded as low as $7.05 and last traded at $7.05. 986 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 71,369 shares. The stock had previously closed at $7.78.

AUO Stock Performance

The company has a quick ratio of 0.83, a current ratio of 1.13 and a debt-to-equity ratio of 0.56. The stock has a 50 day simple moving average of $6.18 and a 200 day simple moving average of $5.02. The company has a market capitalization of $5.48 billion, a price-to-earnings ratio of 29.67 and a beta of 0.46.

AUO (OTCMKTS:AUOTY – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.04). The business had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.11 billion. AUO had a return on equity of 3.58% and a net margin of 2.06%. As a group, analysts anticipate that AUO Corporation – Sponsored ADR will post 0.11 earnings per share for the current fiscal year.

About AUO

(Get Free Report)

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.

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