AUO (OTCMKTS:AUOTY) Stock Price Down 13.5% – Time to Sell?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY)’s stock price was down 13.5% during mid-day trading on Monday. The company traded as low as $9.05 and last traded at $9.1650. Approximately 2,890 shares traded hands during trading, a decline of 96% from the average daily volume of 65,068 shares. The stock had previously closed at $10.59.

AUO Price Performance

The company has a market capitalization of $7.12 billion, a P/E ratio of 308.44 and a beta of 0.45. The company has a fifty day moving average price of $10.09 and a two-hundred day moving average price of $7.33.

AUO (OTCMKTS:AUOTY) last issued its quarterly earnings results on Thursday, October 29th. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.13). AUO had a return on equity of 0.41% and a net margin of 0.24%. The business had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.15 billion.

About AUO

AUO Corporation, also known as AUO, is a Taiwan-based technology company that designs and manufactures display products and related solutions. Its portfolio includes large-format and small-to-medium thin-film transistor liquid crystal displays (TFT-LCDs), active-matrix organic light-emitting diode (AMOLED) displays, and other display technologies used in televisions, monitors, notebook computers, tablets, smartphones, vehicles, and industrial equipment.

The company also provides display applications and integrated solutions for areas such as smart mobility, healthcare, retail, education, entertainment, and commercial environments.