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

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) shares gapped up prior to trading on Friday . The stock had previously closed at $3.48, but opened at $3.65. AUO shares last traded at $3.65, with a volume of 270 shares.

AUO Stock Up 1.1%

The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.86 and a current ratio of 1.19. The stock has a 50-day moving average of $3.87 and a two-hundred day moving average of $4.48. The company has a market cap of $2.71 billion, a P/E ratio of 11.73 and a beta of 0.49.

AUO (OTCMKTS:AUOTY) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.10. AUO had a net margin of 3.17% and a return on equity of 5.77%. The firm had revenue of $2.28 billion during the quarter, compared to analyst estimates of $2.30 billion. On average, research analysts anticipate that AUO Corporation – Sponsored ADR will post -0.26 EPS for the current fiscal year.

About AUO

AU Optronics Corp. (OTCMKTS:AUOTY) is a Taiwanese manufacturer specializing in thin?film?transistor liquid crystal display (TFT?LCD) panels. Headquartered in Hsinchu, Taiwan, the company designs, develops and produces high?resolution display solutions for a variety of end markets, including televisions, desktop monitors, notebook computers, mobile devices and tablets. In addition to consumer electronics, AU Optronics supplies specialty and industrial displays for applications such as automotive instrument clusters, medical imaging and retail signage.

Founded in 1996, AU Optronics has grown into one of the world’s leading TFT?LCD producers by expanding its fabrication facilities across Taiwan and mainland China.