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

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) shares gapped up before the market opened on Thursday. The stock had previously closed at $11.02, but opened at $11.92. AUO shares last traded at $12.00, with a volume of 1,984 shares changing hands.

AUO Price Performance

The business’s fifty day moving average is $8.63 and its 200-day moving average is $7.48. 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 firm has a market cap of $9.03 billion, a PE ratio of 53.32 and a beta of 0.47.

AUO (OTCMKTS:AUOTY) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.01 by $0.05. The business had revenue of $2.18 billion for the quarter, compared to analyst estimates 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 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.