AUO (OTCMKTS:AUOTY) Shares Up 4% – What’s Next?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) shares traded up 4% on Wednesday. The company traded as high as $11.10 and last traded at $11.00. Approximately 14,949 shares were traded during trading, a decline of 78% from the average daily volume of 67,193 shares. The stock had previously closed at $10.58.

AUO Stock Performance

The stock has a market capitalization of $8.35 billion, a PE ratio of 49.87 and a beta of 0.43. The stock has a 50-day moving average price of $9.53 and a two-hundred day moving average price of $8.01.

AUO (OTCMKTS:AUOTY) last posted its 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. AUO had a net margin of 1.82% and a return on equity of 3.15%. The company had revenue of $2.18 billion during the quarter, compared to analysts’ expectations 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.