AUO (OTCMKTS:AUOTY) Trading Down 1.5% – Here’s What Happened

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY)’s stock price dropped 1.5% during mid-day trading on Monday . The stock traded as low as $3.70 and last traded at $3.7830. Approximately 204,722 shares traded hands during mid-day trading, an increase of 147% from the average daily volume of 83,031 shares. The stock had previously closed at $3.84.

AUO Stock Performance

The business has a 50 day simple moving average of $4.53 and a 200-day simple moving average of $4.89. The firm has a market capitalization of $2.91 billion, a price-to-earnings ratio of 14.55 and a beta of 0.49.

AUO (OTCMKTS:AUOTY) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.10. The firm had revenue of $2.28 billion during the quarter, compared to analysts’ expectations of $2.30 billion. Equities analysts predict that AUO Corporation – Sponsored ADR will post -0.26 earnings per share for the current fiscal year.

About AUO

AUO Corporation researches, develops, produces, and sells thin film transistor liquid crystal displays (TFT-LCDs) and other flat panel displays for various applications. It operates through two segments, Display and Energy. The company designs, manufactures, and sells ingots, solar wafers, and solar modules, as well as provides technical engineering and maintenance services for solar system projects.