AUO (OTCMKTS:AUOTY) Reaches New 1-Year Low – Time to Sell?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $3.62 and last traded at $3.62, with a volume of 3699 shares trading hands. The stock had previously closed at $3.73.

AUO Price Performance

The company has a market cap of $2.81 billion, a price-to-earnings ratio of 14.04 and a beta of 0.49. The business has a 50 day simple moving average of $4.45 and a 200 day simple moving average of $4.85.

AUO (OTCMKTS:AUOTY) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.10. The business had revenue of $2.28 billion during the quarter, compared to the consensus estimate of $2.30 billion. As a group, sell-side analysts anticipate that AUO Corporation – Sponsored ADR will post -0.26 earnings per share for the current fiscal year.

AUO Company Profile

AUO Corporation researches, develops, produces, and sells thin film transistor liquid crystal displays (TFT-LCDs) and other flat panel displays for various applications. It operates through two segments, Display and Energy. The company designs, manufactures, and sells ingots, solar wafers, and solar modules, as well as provides technical engineering and maintenance services for solar system projects.