AUO (OTCMKTS:AUOTY) Shares Gap Up – Should You Buy?

Shares of AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) gapped up prior to trading on Thursday. The stock had previously closed at $11.02, but opened at $11.92. AUO shares last traded at $12.00, with a volume of 1,984 shares changing hands.

AUO Price Performance

The company has a market capitalization of $9.03 billion, a P/E ratio of 53.32 and a beta of 0.47. The business’s 50-day moving average is $8.63 and its two-hundred day moving average is $7.48. The company has a quick ratio of 0.83, a current ratio of 1.12 and a debt-to-equity ratio of 0.47.

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

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.