AUO (OTCMKTS:AUOTY) Sees Large Volume Increase – Time to Buy?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) saw strong trading volume on Friday . Approximately 108,437 shares traded hands during mid-day trading, an increase of 56% from the previous session’s volume of 69,606 shares.The stock last traded at $9.60 and had previously closed at $9.55.

AUO Stock Performance

The stock has a 50 day simple moving average of $8.23 and a two-hundred day simple moving average of $6.97. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.12 and a quick ratio of 0.83. The company has a market cap of $7.38 billion, a PE ratio of 43.59 and a beta of 0.47.

AUO (OTCMKTS:AUOTY) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.05. The firm had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $2.21 billion. AUO had a net margin of 1.82% and a return on equity of 3.15%.

About AUO

AUO Corporation is a Taiwan-based technology company that develops and manufactures display products and related solutions. Its portfolio includes thin-film transistor liquid-crystal displays (TFT-LCD), active-matrix organic light-emitting diode (AMOLED) panels, and emerging technologies such as mini LED and micro LED displays.

The company supplies display components and integrated solutions for a variety of applications, including televisions, monitors, notebook computers, tablets, smartphones, automotive systems, industrial equipment, medical devices, and other commercial products.