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

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $9.65, but opened at $8.73. AUO shares last traded at $8.73, with a volume of 160 shares changing hands.

AUO Trading Down 3.8%

The company has a quick ratio of 0.83, a current ratio of 1.12 and a debt-to-equity ratio of 0.47. The business’s 50 day moving average is $8.22 and its 200-day moving average is $7.03. The firm has a market cap of $6.66 billion, a P/E ratio of 39.32 and a beta of 0.47.

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

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.