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

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) shares gapped down prior to trading on Monday . The stock had previously closed at $9.31, but opened at $7.87. AUO shares last traded at $7.87, with a volume of 1,072 shares traded.

AUO Stock Performance

The company has a market capitalization of $5.67 billion, a P/E ratio of 30.67 and a beta of 0.46. The business has a 50-day moving average of $6.18 and a 200-day moving average of $5.02. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.13 and a quick ratio of 0.83.

AUO (OTCMKTS:AUOTY) last released its earnings results on Thursday, April 30th. The company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.04). AUO had a return on equity of 3.58% and a net margin of 2.06%.The business had revenue of $2.18 billion during the quarter, compared to analysts’ expectations of $2.11 billion. On average, sell-side analysts anticipate that AUO Corporation – Sponsored ADR will post 0.11 EPS for the current 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.