AUO (OTCMKTS:AUOTY) Stock Price Down 7.4% – Time to Sell?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY)’s share price dropped 7.4% on Thursday . The company traded as low as $4.87 and last traded at $4.87. Approximately 39,023 shares changed hands during trading, a decline of 73% from the average daily volume of 146,564 shares. The stock had previously closed at $5.26.

AUO Price Performance

The company has a market capitalization of $3.66 billion, a price-to-earnings ratio of 16.36 and a beta of 0.45. The business has a 50 day moving average price of $3.71 and a 200-day moving average price of $4.33. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.86 and a current ratio of 1.19.

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