AUO (OTCMKTS:AUOTY) Trading 3.6% Higher – Should You Buy?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY)’s stock price was up 3.6% during trading on Thursday . The company traded as high as $9.74 and last traded at $9.74. Approximately 9,762 shares traded hands during trading, a decline of 86% from the average daily volume of 69,874 shares. The stock had previously closed at $9.40.

AUO Trading Up 2.5%

The company has a quick ratio of 0.83, a current ratio of 1.12 and a debt-to-equity ratio of 0.47. The stock’s 50 day moving average is $8.21 and its two-hundred day moving average is $6.94. The company has a market capitalization of $7.54 billion, a PE ratio of 44.50 and a beta of 0.47.

AUO (OTCMKTS:AUOTY) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.05. AUO had a net margin of 1.82% and a return on equity of 3.15%. The company had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.21 billion.

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.