AUO (OTCMKTS:AUOTY) Stock Price Down 8.3% – What’s Next?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) traded down 8.3% during trading on Wednesday . The company traded as low as $9.41 and last traded at $9.41. Approximately 2,473 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 67,310 shares. The stock had previously closed at $10.26.

AUO Stock Performance

The stock has a market cap of $7.21 billion, a PE ratio of 39.00 and a beta of 0.46. The stock has a fifty day moving average of $7.12 and a 200-day moving average of $5.55. The company has a quick ratio of 0.83, a current ratio of 1.13 and a debt-to-equity ratio of 0.56.

AUO (OTCMKTS:AUOTY) last posted its quarterly earnings data on Thursday, April 30th. The company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.04). AUO had a net margin of 2.06% and a return on equity of 3.58%. The company had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $2.11 billion. On average, equities analysts forecast that AUO Corporation – Sponsored ADR will post 0.11 EPS for the current 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.