AUO (OTCMKTS:AUOTY) Stock Price Down 4.8% – Here’s What Happened

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) was down 4.8% during trading on Thursday . The stock traded as low as $4.78 and last traded at $4.78. Approximately 31,420 shares traded hands during trading, a decline of 62% from the average daily volume of 82,508 shares. The stock had previously closed at $5.02.

AUO Stock Down 3.2%

The firm’s fifty day moving average is $3.91 and its 200-day moving average is $4.31. The company has a market capitalization of $3.96 billion, a P/E ratio of 16.20 and a beta of 0.45. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.86 and a current ratio of 1.19.

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

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.