AUO (OTCMKTS:AUOTY) Shares Gap Down – Here’s What Happened

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY – Get Free Report) gapped down prior to trading on Tuesday. The stock had previously closed at $11.41, but opened at $10.55. AUO shares last traded at $10.55, with a volume of 7,496 shares trading hands.

AUO Stock Performance

The firm has a market cap of $8.14 billion, a PE ratio of 48.05 and a beta of 0.43. The stock has a fifty day moving average price of $9.34 and a 200-day moving average price of $7.88.

AUO (OTCMKTS:AUOTY – Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.05. AUO had a net margin of 1.82% and a return on equity of 3.15%. The firm had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.21 billion.

AUO Company Profile

(Get Free Report)

AUO Corporation is a Taiwan-based technology company that develops and manufactures display solutions. Its product portfolio includes thin-film transistor liquid-crystal display (TFT-LCD) panels, AMOLED displays and other display technologies used in televisions, monitors, notebook computers, tablets, smartphones, automotive systems and industrial equipment.

In addition to producing display panels, AUO provides integrated display and smart-solution products for applications such as digital signage, transportation, healthcare, education, retail and enterprise environments.

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