AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY – Get Free Report)’s stock price shot up 10.2% during mid-day trading on Monday . The company traded as high as $8.41 and last traded at $8.34. 4,613 shares traded hands during trading, a decline of 93% from the average daily volume of 65,671 shares. The stock had previously closed at $7.57.
AUO Stock Performance
The company’s 50-day moving average is $8.33 and its 200 day moving average is $6.37. The company has a market capitalization of $6.44 billion, a PE ratio of 38.03 and a beta of 0.43.
AUO (OTCMKTS:AUOTY – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.06 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.05. The firm had revenue of $2.18 billion during the quarter, compared to analysts’ expectations of $2.21 billion. AUO had a return on equity of 3.13% and a net margin of 1.82%.
AUO Company Profile
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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