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

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $4.43, but opened at $4.12. AUO shares last traded at $4.30, with a volume of 35,446 shares changing hands.

AUO Trading Down 2.5%

The company has a current ratio of 1.19, a quick ratio of 0.86 and a debt-to-equity ratio of 0.61. The firm’s 50-day moving average is $4.02 and its 200 day moving average is $4.31. The firm has a market capitalization of $3.54 billion, a price-to-earnings ratio of 14.39 and a beta of 0.45.

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

AUO Company Profile

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.