AUO (OTCMKTS:AUOTY) Shares Gap Up – Should You Buy?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY – Get Free Report) shares gapped up before the market opened on Friday. The stock had previously closed at $11.78, but opened at $12.40. AUO shares last traded at $12.40, with a volume of 363 shares traded.

AUO Trading Up 6.3%

The company has a fifty day moving average of $9.18 and a 200-day moving average of $7.78. The stock has a market cap of $9.16 billion, a PE ratio of 54.09 and a beta of 0.43.

AUO (OTCMKTS:AUOTY – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.06 EPS 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 company had revenue of $2.18 billion during the quarter, compared to analysts’ expectations of $2.21 billion.

AUO Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for AUO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AUO and related companies with MarketBeat.com's FREE daily email newsletter.