AUO (OTCMKTS:AUOTY) Shares Gap Up – What’s Next?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) gapped up prior to trading on Monday . The stock had previously closed at $8.0585, but opened at $8.61. AUO shares last traded at $8.50, with a volume of 3,333 shares changing hands.

AUO Trading Up 5.8%

The stock has a market capitalization of $6.55 billion, a P/E ratio of 38.66 and a beta of 0.43. The business has a 50-day moving average price of $8.30 and a two-hundred day moving average price of $6.48.

AUO (OTCMKTS:AUOTY) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.05. The business had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.21 billion. AUO had a return on equity of 3.13% and a net margin of 1.82%.

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.