AUO (OTCMKTS:AUOTY) Stock Price Down 9.4% – Should You Sell?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) dropped 9.4% during mid-day trading on Wednesday . The stock traded as low as $7.05 and last traded at $7.05. Approximately 986 shares were traded during trading, a decline of 99% from the average daily volume of 71,369 shares. The stock had previously closed at $7.78.

AUO Stock Performance

The company has a quick ratio of 0.83, a current ratio of 1.13 and a debt-to-equity ratio of 0.56. The company has a 50-day moving average price of $6.18 and a 200-day moving average price of $5.02. The firm has a market capitalization of $5.48 billion, a price-to-earnings ratio of 29.67 and a beta of 0.46.

AUO (OTCMKTS:AUOTY) last issued its quarterly earnings data 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 business had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.11 billion. AUO had a return on equity of 3.58% and a net margin of 2.06%. As a group, equities research analysts forecast that AUO Corporation – Sponsored ADR will post 0.11 earnings per share 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.