AUO (OTCMKTS:AUOTY) Stock Price Up 8.6% – Still a Buy?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY)’s share price traded up 8.6% during trading on Tuesday . The stock traded as high as $11.70 and last traded at $11.51. 28,879 shares were traded during trading, a decline of 58% from the average daily volume of 68,832 shares. The stock had previously closed at $10.60.

AUO Stock Performance

The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.83 and a current ratio of 1.12. The company’s 50-day moving average price is $8.22 and its two-hundred day moving average price is $7.18. The stock has a market cap of $8.89 billion, a PE ratio of 52.50 and a beta of 0.47.

AUO (OTCMKTS:AUOTY) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 3.15% and a net margin of 1.82%.

AUO Company Profile

AUO Corporation is a Taiwan-based technology company that develops and manufactures display products and related solutions. Its portfolio includes thin-film transistor liquid-crystal displays (TFT-LCD), active-matrix organic light-emitting diode (AMOLED) panels, and emerging technologies such as mini LED and micro LED displays.

The company supplies display components and integrated solutions for a variety of applications, including televisions, monitors, notebook computers, tablets, smartphones, automotive systems, industrial equipment, medical devices, and other commercial products.