AUO (OTCMKTS:AUOTY) Shares Down 9.4% – Should You Sell?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) shares were down 9.4% during trading on Wednesday . The company traded as low as $7.05 and last traded at $7.05. Approximately 986 shares changed hands during trading, a decline of 99% from the average daily volume of 71,369 shares. The stock had previously closed at $7.78.

AUO Stock Up 1.8%

The company has a market cap of $5.69 billion, a P/E ratio of 30.79 and a beta of 0.46. 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 stock has a fifty day moving average price of $6.30 and a two-hundred day moving average price of $5.08.

AUO (OTCMKTS:AUOTY) last announced its quarterly earnings results on Thursday, April 30th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.04). AUO had a return on equity of 3.58% and a net margin of 2.06%.The company had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.11 billion. On average, research analysts expect that AUO Corporation – Sponsored ADR will post 0.11 EPS for the current year.

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.