AUO (OTCMKTS:AUOTY – Get Free Report) announced its earnings results on Wednesday. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.05, Zacks reports. AUO had a net margin of 2.06% and a return on equity of 3.58%.
AUO Stock Up 4.7%
Shares of AUOTY traded up $0.32 on Friday, hitting $7.20. 61,165 shares of the stock traded hands, compared to its average volume of 67,008. AUO has a 1 year low of $3.25 and a 1 year high of $10.50. The stock’s 50 day moving average is $8.27 and its two-hundred day moving average is $6.26. The firm has a market capitalization of $5.54 billion, a P/E ratio of 30.00 and a beta of 0.39.
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.
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