AUO (OTCMKTS:AUOTY) Shares Gap Down – Here’s What Happened

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY)’s stock price gapped down before the market opened on Tuesday. The stock had previously closed at $11.41, but opened at $10.55. AUO shares last traded at $10.55, with a volume of 7,496 shares traded.

AUO Stock Performance

The company has a market cap of $8.14 billion, a price-to-earnings ratio of 48.05 and a beta of 0.43. The stock’s fifty day simple moving average is $9.34 and its two-hundred day simple moving average is $7.88.

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

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.