AUO (OTCMKTS:AUOTY) Shares Gap Up – Should You Buy?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) shares gapped up before the market opened on Thursday . The stock had previously closed at $3.65, but opened at $3.8350. AUO shares last traded at $3.74, with a volume of 1,554 shares traded.

AUO Price Performance

The business has a fifty day moving average price of $4.14 and a 200 day moving average price of $4.65. The company has a market cap of $2.84 billion, a price-to-earnings ratio of 12.31 and a beta of 0.49. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.86 and a current ratio of 1.19.

AUO (OTCMKTS:AUOTY) last posted its earnings results on Thursday, October 30th. The company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.10. The firm had revenue of $2.28 billion during the quarter, compared to analysts’ expectations of $2.30 billion. AUO had a net margin of 3.17% and a return on equity of 5.77%. As a group, research analysts anticipate that AUO Corporation – Sponsored ADR will post -0.26 earnings per share for the current year.

About AUO

AUO Corporation researches, develops, produces, and sells thin film transistor liquid crystal displays (TFT-LCDs) and other flat panel displays for various applications. It operates through two segments, Display and Energy. The company designs, manufactures, and sells ingots, solar wafers, and solar modules, as well as provides technical engineering and maintenance services for solar system projects.