AUO (OTCMKTS:AUOTY) Trading Down 7.4% – Here’s Why

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY)’s stock price fell 7.4% during mid-day trading on Monday . The stock traded as low as $8.9350 and last traded at $8.9350. Approximately 958 shares were traded during trading, a decline of 99% from the average session volume of 69,581 shares. The stock had previously closed at $9.65.

AUO Price Performance

The stock has a market capitalization of $6.91 billion, a price-to-earnings ratio of 40.82 and a beta of 0.47. The company has a quick ratio of 0.83, a current ratio of 1.12 and a debt-to-equity ratio of 0.47. The stock has a fifty day moving average of $8.24 and a 200-day moving average of $7.00.

AUO (OTCMKTS:AUOTY) last released its quarterly earnings results on Thursday, July 30th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.05. The firm had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.21 billion. AUO had a return on equity of 3.15% and a net margin of 1.82%.

AUO Company Profile

AUO Corporation is a Taiwan-based technology company that develops and manufactures display products and related solutions. Its portfolio includes thin-film transistor liquid-crystal displays (TFT-LCD), active-matrix organic light-emitting diode (AMOLED) panels, and emerging technologies such as mini LED and micro LED displays.

The company supplies display components and integrated solutions for a variety of applications, including televisions, monitors, notebook computers, tablets, smartphones, automotive systems, industrial equipment, medical devices, and other commercial products.