AUO (OTCMKTS:AUOTY) Shares Gap Down – Should You Sell?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY – Get Free Report)’s share price gapped down prior to trading on Monday. The stock had previously closed at $12.72, but opened at $12.00. AUO shares last traded at $12.34, with a volume of 16,346 shares.

AUO Trading Down 4.0%

The firm has a 50-day moving average of $9.00 and a two-hundred day moving average of $7.69. The firm has a market cap of $8.99 billion, a price-to-earnings ratio of 53.09 and a beta of 0.43.

AUO (OTCMKTS:AUOTY – Get Free Report) last released its earnings results on Thursday, July 30th. The company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.05. AUO had a return on equity of 3.15% and a net margin of 1.82%.The firm had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.21 billion.

About AUO

(Get Free Report)

AUO Corporation is a Taiwan-based technology company that develops and manufactures display solutions. Its product portfolio includes thin-film transistor liquid-crystal display (TFT-LCD) panels, AMOLED displays and other display technologies used in televisions, monitors, notebook computers, tablets, smartphones, automotive systems and industrial equipment.

In addition to producing display panels, AUO provides integrated display and smart-solution products for applications such as digital signage, transportation, healthcare, education, retail and enterprise environments.

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