AUO (OTCMKTS:AUOTY) Stock Price Up 6.2% – Should You Buy?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY)’s stock price rose 6.2% during trading on Thursday. The stock traded as high as $8.73 and last traded at $8.73. 14,463 shares changed hands during mid-day trading, a decline of 78% from the average daily volume of 64,337 shares. The stock had previously closed at $8.22.

AUO Stock Up 1.7%

The stock has a market cap of $6.80 billion, a PE ratio of 294.43 and a beta of 0.45. The stock has a 50-day moving average of $10.16 and a 200 day moving average of $7.48.

AUO (OTCMKTS:AUOTY) last issued its earnings results on Thursday, October 29th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.13). AUO had a net margin of 0.24% and a return on equity of 0.41%. The company had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.15 billion.

AUO Company Profile

AUO Corporation is a Taiwan-based technology company that develops and manufactures display products and related solutions. Its offerings include liquid crystal display (LCD) panels and display modules used in televisions, monitors, laptops, tablets, and other electronic devices. The company also provides display and system solutions for applications such as retail, healthcare, transportation, education, and industrial equipment. Its business has expanded beyond conventional display panels to include areas such as smart mobility and energy-related solutions.