AUO (OTCMKTS:AUOTY) Trading Up 5.6% – Time to Buy?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) was up 5.6% during trading on Wednesday . The stock traded as high as $9.19 and last traded at $9.19. 1,385 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 69,131 shares. The stock had previously closed at $8.70.

AUO Stock Performance

The firm’s 50 day moving average price is $8.22 and its 200-day moving average price is $7.06. The firm has a market cap of $7.05 billion, a price-to-earnings ratio of 41.62 and a beta of 0.47. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.12 and a quick ratio of 0.83.

AUO (OTCMKTS:AUOTY) last released its earnings results on Thursday, July 30th. The company reported $0.06 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 firm had revenue of $2.18 billion during the quarter, compared to analysts’ expectations of $2.21 billion.

AUO Company Profile

AUO Corporation is a Taiwan-based technology company that develops and manufactures display products and related solutions. Its portfolio includes thin-film transistor liquid-crystal displays (TFT-LCD), active-matrix organic light-emitting diode (AMOLED) panels, and emerging technologies such as mini LED and micro LED displays.

The company supplies display components and integrated solutions for a variety of applications, including televisions, monitors, notebook computers, tablets, smartphones, automotive systems, industrial equipment, medical devices, and other commercial products.