AUO (OTCMKTS:AUOTY) Hits New 1-Year High – Should You Buy?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) hit a new 52-week high during trading on Tuesday . The company traded as high as $10.15 and last traded at $10.14, with a volume of 20573 shares changing hands. The stock had previously closed at $9.68.

AUO Trading Up 5.6%

The company’s 50 day moving average price is $7.05 and its two-hundred day moving average price is $5.51. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.13 and a quick ratio of 0.83. The stock has a market capitalization of $7.87 billion, a PE ratio of 42.58 and a beta of 0.45.

AUO (OTCMKTS:AUOTY) last announced 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 analysts’ expectations of $2.11 billion. AUO had a net margin of 2.06% and a return on equity of 3.58%. As a group, analysts expect 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.