AUO (OTCMKTS:AUOTY) Sets New 12-Month High – Time to Buy?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY)’s stock price reached a new 52-week high during mid-day trading on Wednesday. The stock traded as high as $12.00 and last traded at $12.00, with a volume of 8039 shares trading hands. The stock had previously closed at $10.6940.

AUO Trading Up 9.5%

The stock has a market cap of $9.29 billion, a PE ratio of 54.87 and a beta of 0.47. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.83 and a current ratio of 1.12. The stock has a fifty day moving average price of $8.54 and a 200 day moving average price of $7.44.

AUO (OTCMKTS:AUOTY) last released its quarterly earnings results on Thursday, July 30th. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.05. The company had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.21 billion. AUO had a return on equity of 3.15% and a net margin of 1.82%.

AUO Company Profile

AUO Corporation is a Taiwan-based technology company that develops and manufactures display solutions. Its product portfolio includes thin-film transistor liquid-crystal display (TFT-LCD) panels, AMOLED displays and other display technologies used in televisions, monitors, notebook computers, tablets, smartphones, automotive systems and industrial equipment.

In addition to producing display panels, AUO provides integrated display and smart-solution products for applications such as digital signage, transportation, healthcare, education, retail and enterprise environments.