AUO (OTCMKTS:AUOTY) Shares Gap Up – Still a Buy?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY)’s share price gapped up before the market opened on Monday . The stock had previously closed at $3.58, but opened at $3.66. AUO shares last traded at $3.70, with a volume of 12,037 shares.

AUO Trading Up 1.7%

The company has a quick ratio of 0.86, a current ratio of 1.19 and a debt-to-equity ratio of 0.61. The firm’s fifty day moving average is $3.75 and its two-hundred day moving average is $4.38. The firm has a market cap of $2.81 billion, a P/E ratio of 12.17 and a beta of 0.49.

AUO (OTCMKTS:AUOTY) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.10. The business had revenue of $2.28 billion during the quarter, compared to analyst estimates of $2.30 billion. AUO had a net margin of 3.17% and a return on equity of 5.77%. Analysts predict that AUO Corporation – Sponsored ADR will post -0.26 earnings per share for the current fiscal year.

AUO Company Profile

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.