AUO (OTCMKTS:AUOTY – Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.05, Zacks reports. AUO had a return on equity of 3.58% and a net margin of 2.06%.
AUO Stock Down 6.3%
Shares of AUOTY stock traded down $0.46 during mid-day trading on Thursday, reaching $6.84. 70,556 shares of the stock traded hands, compared to its average volume of 67,045. The company has a market cap of $5.27 billion, a price-to-earnings ratio of 28.50 and a beta of 0.39. The stock’s fifty day simple moving average is $8.26 and its two-hundred day simple moving average is $6.24. AUO has a 1-year low of $3.25 and a 1-year high of $10.50.
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.
Featured Articles
- Five stocks we like better than AUO
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
Receive News & Ratings for AUO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AUO and related companies with MarketBeat.com's FREE daily email newsletter.
