AUO (OTCMKTS:AUOTY) Shares Gap Up – Still a Buy?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY)’s share price gapped up prior to trading on Monday. The stock had previously closed at $7.77, but opened at $8.33. AUO shares last traded at $8.33, with a volume of 2,380 shares changing hands.

AUO Trading Down 2.7%

The firm has a market cap of $6.33 billion, a P/E ratio of 281.67 and a beta of 0.45. The business’s fifty day simple moving average is $10.15 and its 200-day simple moving average is $7.46.

AUO (OTCMKTS:AUOTY) last posted its quarterly earnings results on Thursday, October 29th. The company reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.13). The company had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.15 billion. AUO had a return on equity of 0.41% and a net margin of 0.24%.

AUO Company Profile

AUO Corporation is a Taiwan-based technology company that develops and manufactures display products and related solutions. Its offerings include liquid crystal display (LCD) panels and display modules used in televisions, monitors, laptops, tablets, and other electronic devices. The company also provides display and system solutions for applications such as retail, healthcare, transportation, education, and industrial equipment. Its business has expanded beyond conventional display panels to include areas such as smart mobility and energy-related solutions.