AUO (OTCMKTS:AUOTY) Shares Gap Up – Time to Buy?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) shares gapped up before the market opened on Monday . The stock had previously closed at $3.58, but opened at $3.66. AUO shares last traded at $3.70, with a volume of 12,037 shares traded.

AUO Trading Up 2.7%

The firm has a fifty day moving average of $3.72 and a 200 day moving average of $4.36. The firm has a market capitalization of $2.93 billion, a PE ratio of 12.67 and a beta of 0.49. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.86 and a current ratio of 1.19.

AUO (OTCMKTS:AUOTY) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.10. The firm had revenue of $2.28 billion during the quarter, compared to analysts’ expectations of $2.30 billion. AUO had a return on equity of 5.77% and a net margin of 3.17%. Equities research analysts expect that AUO Corporation – Sponsored ADR will post -0.26 EPS for the current year.

About AUO

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.