AUO (OTCMKTS:AUOTY) Shares Up 10.1% – What’s Next?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY)’s stock price traded up 10.1% during mid-day trading on Thursday . The company traded as high as $10.17 and last traded at $10.10. 35,263 shares traded hands during trading, a decline of 46% from the average session volume of 65,907 shares. The stock had previously closed at $9.1773.

AUO Trading Up 7.3%

The firm has a fifty day moving average of $7.55 and a 200 day moving average of $5.80. The company has a market capitalization of $7.58 billion, a P/E ratio of 41.04 and a beta of 0.39.

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