AUO (OTCMKTS:AUOTY) Sets New 1-Year High – Time to Buy?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $10.15 and last traded at $10.14, with a volume of 20573 shares changing hands. The stock had previously closed at $9.68.

AUO Trading Down 9.1%

The stock has a market cap of $7.18 billion, a price-to-earnings ratio of 38.88 and a beta of 0.39. The firm’s 50-day moving average is $7.19 and its two-hundred day moving average is $5.59.

AUO (OTCMKTS:AUOTY) last posted its quarterly earnings data on Thursday, April 30th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.04). AUO had a return on equity of 3.58% and a net margin of 2.06%.The firm had revenue of $2.18 billion during the quarter, compared to analyst estimates of $2.11 billion. On average, analysts predict that AUO Corporation – Sponsored ADR will post 0.11 earnings per share for the current 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.