AUO (OTCMKTS:AUOTY) Shares Down 13.5% – What’s Next?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY)’s stock price was down 13.5% during trading on Monday. The stock traded as low as $9.05 and last traded at $9.1650. Approximately 2,890 shares were traded during trading, a decline of 96% from the average session volume of 65,068 shares. The stock had previously closed at $10.59.

AUO Trading Down 3.5%

The business’s fifty day simple moving average is $10.13 and its two-hundred day simple moving average is $7.38. The stock has a market capitalization of $6.74 billion, a P/E ratio of 302.33 and a beta of 0.45.

AUO (OTCMKTS:AUOTY) last announced its quarterly earnings data on Thursday, October 29th. The company reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.13). AUO had a net margin of 0.24% and a return on equity of 0.41%. The company had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.15 billion.

AUO Company Profile

AUO Corporation, also known as AUO, is a Taiwan-based technology company that designs and manufactures display products and related solutions. Its portfolio includes large-format and small-to-medium thin-film transistor liquid crystal displays (TFT-LCDs), active-matrix organic light-emitting diode (AMOLED) displays, and other display technologies used in televisions, monitors, notebook computers, tablets, smartphones, vehicles, and industrial equipment.

The company also provides display applications and integrated solutions for areas such as smart mobility, healthcare, retail, education, entertainment, and commercial environments.