AUO (OTCMKTS:AUOTY) Shares Gap Down – Time to Sell?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) shares gapped down before the market opened on Tuesday . The stock had previously closed at $3.70, but opened at $3.48. AUO shares last traded at $3.82, with a volume of 1,344 shares traded.

AUO Price Performance

The company has a debt-to-equity ratio of 0.61, a current ratio of 1.19 and a quick ratio of 0.86. The company has a market cap of $2.93 billion, a PE ratio of 12.67 and a beta of 0.49. The company has a 50-day moving average price of $3.73 and a two-hundred day moving average price of $4.37.

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