AUO (OTCMKTS:AUOTY) Hits New 12-Month Low – Here’s What Happened

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTYGet Free Report)’s stock price hit a new 52-week low on Monday . The company traded as low as $3.62 and last traded at $3.62, with a volume of 3699 shares trading hands. The stock had previously closed at $3.73.

AUO Stock Down 3.9%

The stock has a market capitalization of $2.67 billion, a P/E ratio of 13.35 and a beta of 0.49. The business has a 50-day simple moving average of $4.40 and a two-hundred day simple moving average of $4.82.

AUO (OTCMKTS:AUOTYGet Free Report) last issued its earnings results on Thursday, October 30th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.10. The firm had revenue of $2.28 billion during the quarter, compared to analyst estimates of $2.30 billion. On average, sell-side analysts forecast that AUO Corporation – Sponsored ADR will post -0.26 earnings per share for the current year.

About AUO

(Get Free Report)

AUO Corporation researches, develops, produces, and sells thin film transistor liquid crystal displays (TFT-LCDs) and other flat panel displays for various applications. It operates through two segments, Display and Energy. The company designs, manufactures, and sells ingots, solar wafers, and solar modules, as well as provides technical engineering and maintenance services for solar system projects.

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