AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY – Get Free Report)’s share price traded down 8.6% on Tuesday . The stock traded as low as $8.92 and last traded at $8.92. Approximately 21,364 shares changed hands during trading, a decline of 68% from the average session volume of 66,633 shares. The stock had previously closed at $9.76.
AUO Stock Performance
The stock’s 50-day moving average price is $7.55 and its two-hundred day moving average price is $5.80. The stock has a market capitalization of $7.58 billion, a PE ratio of 41.04 and a beta of 0.39.
AUO (OTCMKTS:AUOTY – Get Free Report) last released its earnings results on Thursday, April 30th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.04). The business had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $2.11 billion. AUO had a net margin of 2.06% and a return on equity of 3.58%. On average, analysts predict that AUO Corporation – Sponsored ADR will post 0.11 earnings per share 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.
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