AUO (OTCMKTS:AUOTY) Sees Strong Trading Volume – Here’s What Happened

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) shares saw an uptick in trading volume on Tuesday . Approximately 180,068 shares traded hands during mid-day trading, an increase of 182% from the previous session’s volume of 63,920 shares.The stock last traded at $8.31 and had previously closed at $8.04.

AUO Stock Up 0.6%

The firm has a market cap of $6.34 billion, a P/E ratio of 37.41 and a beta of 0.43. The business has a fifty day moving average of $8.35 and a 200 day moving average of $6.57.

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

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.