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

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $6.45, but opened at $5.88. AUO shares last traded at $6.16, with a volume of 2,196 shares traded.

AUO Stock Down 5.2%

The stock has a fifty day moving average price of $5.30 and a 200 day moving average price of $4.59. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.13 and a quick ratio of 0.83. The stock has a market capitalization of $4.73 billion, a P/E ratio of 25.58 and a beta of 0.28.

AUO (OTCMKTS:AUOTY) last posted its quarterly 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 return on equity of 3.58% and a net margin of 2.06%.The company had revenue of $2.18 billion during 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 earnings per share for the current 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.