AUO (OTCMKTS:AUOTY) Trading Up 20.2% – Time to Buy?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY)’s stock price was up 20.2% on Wednesday . The company traded as high as $9.08 and last traded at $9.08. 2,452 shares changed hands during trading, a decline of 97% from the average daily volume of 72,660 shares. The stock had previously closed at $7.5545.

AUO Stock Up 8.1%

The business has a 50-day simple moving average of $5.73 and a two-hundred day simple moving average of $4.83. The company has a market capitalization of $6.91 billion, a price-to-earnings ratio of 37.42 and a beta of 0.46. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.83 and a current ratio of 1.13.

AUO (OTCMKTS:AUOTY) last posted its quarterly earnings results on Thursday, April 30th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.04). The firm had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $2.11 billion. AUO had a return on equity of 3.58% and a net margin of 2.06%. As a group, equities analysts predict that AUO Corporation – Sponsored ADR will post 0.11 EPS 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.