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

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) gapped up prior to trading on Tuesday . The stock had previously closed at $8.85, but opened at $9.50. AUO shares last traded at $9.50, with a volume of 268 shares traded.

AUO Trading Up 3.7%

The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.83 and a current ratio of 1.13. The stock has a market capitalization of $7.15 billion, a P/E ratio of 38.67 and a beta of 0.46. The stock has a 50-day moving average price of $6.87 and a two-hundred day moving average price of $5.39.

AUO (OTCMKTS:AUOTY) last announced its earnings results on Thursday, April 30th. The company reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.04). AUO had a net margin of 2.06% and a return on equity of 3.58%. The business had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.11 billion. On average, research analysts forecast that AUO Corporation – Sponsored ADR will post 0.11 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.