AUO (OTCMKTS:AUOTY) Shares Down 4.2% – Time to Sell?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) shares dropped 4.2% during trading on Tuesday. The stock traded as low as $10.2850 and last traded at $10.2850. 190 shares changed hands during mid-day trading, a decline of 100% from the average daily volume of 65,736 shares. The stock had previously closed at $10.7350.

AUO Stock Performance

The company has a market cap of $7.89 billion, a P/E ratio of 46.59 and a beta of 0.43. The business has a 50 day moving average price of $9.88 and a two-hundred day moving average price of $7.20.

AUO (OTCMKTS:AUOTY) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.05. AUO had a return on equity of 3.15% and a net margin of 1.82%. The business had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.21 billion.

About AUO

AUO Corporation, also known as AUO, is a Taiwan-based technology company that designs and manufactures display products and related solutions. Its portfolio includes large-format and small-to-medium thin-film transistor liquid crystal displays (TFT-LCDs), active-matrix organic light-emitting diode (AMOLED) displays, and other display technologies used in televisions, monitors, notebook computers, tablets, smartphones, vehicles, and industrial equipment.

The company also provides display applications and integrated solutions for areas such as smart mobility, healthcare, retail, education, entertainment, and commercial environments.