AUO (OTCMKTS:AUOTY) Sees Large Volume Increase – Should You Buy?

Shares of AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) saw unusually-strong trading volume on Monday . Approximately 105,515 shares traded hands during trading, an increase of 107% from the previous session’s volume of 51,085 shares.The stock last traded at $4.28 and had previously closed at $3.93.

AUO Trading Up 8.1%

The company’s 50-day simple moving average is $3.69 and its 200 day simple moving average is $4.33. The company has a quick ratio of 0.86, a current ratio of 1.19 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $3.03 billion, a PE ratio of 14.17 and a beta of 0.45.

AUO (OTCMKTS:AUOTY) last announced its earnings results on Thursday, October 30th. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.10. The company had revenue of $2.28 billion during the quarter, compared to the consensus estimate of $2.30 billion. AUO had a net margin of 3.17% and a return on equity of 5.77%. As a group, sell-side analysts expect that AUO Corporation – Sponsored ADR will post -0.26 EPS for the current year.

About AUO

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.