AUO (OTCMKTS:AUOTY) Reaches New 1-Year High – Still a Buy?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY)’s share price reached a new 52-week high on Saturday . The company traded as high as $7.05 and last traded at $7.0040, with a volume of 119383 shares traded. The stock had previously closed at $6.33.

AUO Price Performance

The company has a current ratio of 1.13, a quick ratio of 0.83 and a debt-to-equity ratio of 0.56. The company has a market capitalization of $5.39 billion, a PE ratio of 29.18 and a beta of 0.28. The stock’s 50-day moving average is $5.48 and its two-hundred day moving average is $4.68.

AUO (OTCMKTS:AUOTY) last posted its quarterly earnings data on Thursday, April 30th. The company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates 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 analysts’ expectations of $2.11 billion. On average, equities analysts predict that AUO Corporation – Sponsored ADR will post 0.11 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.