AUO (OTCMKTS:AUOTY) Shares Gap Up – Time to Buy?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $8.70, but opened at $9.37. AUO shares last traded at $9.37, with a volume of 2,108 shares.

AUO Trading Up 2.5%

The firm has a market capitalization of $7.21 billion, a PE ratio of 42.59 and a beta of 0.47. The company has a quick ratio of 0.83, a current ratio of 1.12 and a debt-to-equity ratio of 0.47. The company’s 50-day simple moving average is $8.21 and its 200 day simple moving average is $7.09.

AUO (OTCMKTS:AUOTY) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $2.21 billion.

About AUO

AUO Corporation is a Taiwan-based technology company that develops and manufactures display products and related solutions. Its portfolio includes thin-film transistor liquid-crystal displays (TFT-LCD), active-matrix organic light-emitting diode (AMOLED) panels, and emerging technologies such as mini LED and micro LED displays.

The company supplies display components and integrated solutions for a variety of applications, including televisions, monitors, notebook computers, tablets, smartphones, automotive systems, industrial equipment, medical devices, and other commercial products.