AUO (OTCMKTS:AUOTY) Shares Down 9.2% – Time to Sell?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY)’s share price fell 9.2% during trading on Monday . The stock traded as low as $9.01 and last traded at $9.12. 2,098 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 66,132 shares. The stock had previously closed at $10.04.

AUO Price Performance

The company has a market cap of $6.98 billion, a P/E ratio of 37.75 and a beta of 0.39. The stock has a fifty day moving average price of $7.73 and a two-hundred day moving average price of $5.89.

AUO (OTCMKTS:AUOTY) last announced its quarterly earnings results 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 company had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.11 billion. AUO had a return on equity of 3.58% and a net margin of 2.06%. Equities analysts predict that AUO Corporation – Sponsored ADR will post 0.11 earnings per share 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.