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

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $5.75, but opened at $6.40. AUO shares last traded at $6.50, with a volume of 2,716 shares changing hands.

AUO Stock Up 7.7%

The business’s 50 day moving average is $5.25 and its 200 day moving average is $4.56. The company has a quick ratio of 0.83, a current ratio of 1.13 and a debt-to-equity ratio of 0.56. The company has a market cap of $4.94 billion, a P/E ratio of 26.71 and a beta of 0.28.

AUO (OTCMKTS:AUOTY) last released its quarterly earnings results on Thursday, April 30th. The company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.04). AUO had a net margin of 2.06% and a return on equity of 3.58%. The firm had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $2.11 billion. As a group, equities analysts anticipate that AUO Corporation – Sponsored ADR will post 0.11 earnings per share for the current fiscal year.

AUO Company Profile

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.