AUO (OTCMKTS:AUOTY) Issues Earnings Results

AUO (OTCMKTS:AUOTY) announced its earnings results on Thursday. The company reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.04), Zacks reports. AUO had a return on equity of 6.36% and a net margin of 3.56%.

AUO Stock Down 14.2%

AUO stock traded down $0.76 during trading hours on Thursday, reaching $4.60. The stock had a trading volume of 390,271 shares, compared to its average volume of 71,065. The company has a market cap of $3.54 billion, a price-to-earnings ratio of 10.95 and a beta of 0.43. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.13 and a quick ratio of 0.83. The business’s 50 day moving average price is $5.18 and its 200-day moving average price is $4.51. AUO has a 52 week low of $3.25 and a 52 week high of $6.50.

AUO Company Profile

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.