AUO (OTCMKTS:AUOTY) Shares Down 4.2% – Time to Sell?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) was down 4.2% during mid-day trading on Tuesday. The company traded as low as $10.2850 and last traded at $10.2850. Approximately 190 shares were traded during trading, a decline of 100% from the average daily volume of 65,736 shares. The stock had previously closed at $10.7350.

AUO Stock Down 5.1%

The firm’s 50-day moving average is $9.88 and its 200-day moving average is $7.20. The company has a market capitalization of $7.89 billion, a PE ratio of 46.59 and a beta of 0.43.

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

About AUO

AUO Corporation, also known as AUO, is a Taiwan-based technology company that designs and manufactures display products and related solutions. Its portfolio includes large-format and small-to-medium thin-film transistor liquid crystal displays (TFT-LCDs), active-matrix organic light-emitting diode (AMOLED) displays, and other display technologies used in televisions, monitors, notebook computers, tablets, smartphones, vehicles, and industrial equipment.

The company also provides display applications and integrated solutions for areas such as smart mobility, healthcare, retail, education, entertainment, and commercial environments.