AUO (OTCMKTS:AUOTY) Sets New 52-Week High – Still a Buy?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $10.50 and last traded at $10.50, with a volume of 2443 shares traded. The stock had previously closed at $9.50.

AUO Price Performance

The company’s 50 day simple moving average is $8.28 and its 200 day simple moving average is $7.23. The company has a current ratio of 1.12, a quick ratio of 0.83 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $8.91 billion, a PE ratio of 52.59 and a beta of 0.47.

AUO (OTCMKTS:AUOTY) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.05. The company had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.21 billion. AUO had a return on equity of 3.15% and a net margin of 1.82%.

About AUO

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.