Shares of AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY – Get Free Report) traded down 8.2% on Tuesday. The company traded as low as $11.6750 and last traded at $11.6750. 3,144 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 68,727 shares. The stock had previously closed at $12.72.
AUO Stock Performance
The firm’s 50-day moving average is $8.91 and its 200 day moving average is $7.64. The firm has a market capitalization of $9.03 billion, a PE ratio of 53.32 and a beta of 0.43.
AUO (OTCMKTS:AUOTY – Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.05. AUO had a net margin of 1.82% and a return on equity of 3.15%. The firm had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.21 billion.
AUO Company Profile
AUO Corporation is a Taiwan-based technology company that develops and manufactures display solutions. Its product portfolio includes thin-film transistor liquid-crystal display (TFT-LCD) panels, AMOLED displays and other display technologies used in televisions, monitors, notebook computers, tablets, smartphones, automotive systems and industrial equipment.
In addition to producing display panels, AUO provides integrated display and smart-solution products for applications such as digital signage, transportation, healthcare, education, retail and enterprise environments.
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