AUO (OTCMKTS:AUOTY) Shares Gap Up – What’s Next?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY)’s share price gapped up prior to trading on Monday . The stock had previously closed at $8.0585, but opened at $8.61. AUO shares last traded at $8.50, with a volume of 3,333 shares trading hands.

AUO Stock Up 5.8%

The stock has a market cap of $6.55 billion, a price-to-earnings ratio of 38.66 and a beta of 0.43. The company has a 50 day simple moving average of $8.30 and a 200 day simple moving average of $6.48.

AUO (OTCMKTS:AUOTY) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.05. AUO had a net margin of 1.82% and a return on equity of 3.13%. The company had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.21 billion.

AUO Company Profile

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.