AUO (OTCMKTS:AUOTY) Shares Gap Up – What’s Next?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) shares gapped up before the market opened on Thursday . The stock had previously closed at $8.70, but opened at $9.37. AUO shares last traded at $9.37, with a volume of 2,108 shares changing hands.

AUO Price Performance

The stock has a 50-day moving average price of $8.21 and a two-hundred day moving average price of $7.09. The company has a current ratio of 1.12, a quick ratio of 0.83 and a debt-to-equity ratio of 0.47. The stock has a market cap of $7.21 billion, a price-to-earnings ratio of 42.59 and a beta of 0.47.

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

AUO Company Profile

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.