AUO (OTCMKTS:AUOTY) Trading Up 3.6% – Should You Buy?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY)’s share price traded up 3.6% on Tuesday . The stock traded as high as $8.31 and last traded at $8.31. Approximately 226 shares were traded during trading, a decline of 100% from the average daily volume of 64,983 shares. The stock had previously closed at $8.02.

AUO Price Performance

The firm has a market cap of $6.43 billion, a price-to-earnings ratio of 37.96 and a beta of 0.43. The company has a fifty day moving average price of $8.32 and a two-hundred day moving average price of $6.76.

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

About AUO

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.