AUO (OTCMKTS:AUOTY) Shares Gap Up – Here’s What Happened

Shares of AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY – Get Free Report) gapped up prior to trading on Monday. The stock had previously closed at $7.77, but opened at $8.33. AUO shares last traded at $8.33, with a volume of 2,380 shares changing hands.

AUO Stock Up 2.8%

The company has a market capitalization of $6.41 billion, a P/E ratio of 277.43 and a beta of 0.45. The business’s 50-day moving average is $10.15 and its two-hundred day moving average is $7.43.

AUO (OTCMKTS:AUOTY – Get Free Report) last issued its quarterly earnings data on Thursday, October 29th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.13). AUO had a return on equity of 0.41% and a net margin of 0.24%. The firm had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.15 billion.

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