AUO (OTCMKTS:AUOTY) Shares Gap Up – Time to Buy?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) shares gapped up prior to trading on Friday . The stock had previously closed at $4.79, but opened at $5.04. AUO shares last traded at $4.92, with a volume of 8,421 shares.

AUO Price Performance

The stock has a market cap of $3.63 billion, a PE ratio of 16.33 and a beta of 0.45. The stock’s fifty day moving average is $3.82 and its 200-day moving average is $4.32. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.19 and a quick ratio of 0.86.

AUO (OTCMKTS:AUOTY) last issued its earnings results on Thursday, October 30th. The company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.10. AUO had a net margin of 3.17% and a return on equity of 5.77%. The company had revenue of $2.28 billion for the quarter, compared to the consensus estimate of $2.30 billion. As a group, equities analysts anticipate that AUO Corporation – Sponsored ADR will post -0.26 EPS for the current year.

About AUO

AU Optronics Corp. (OTCMKTS:AUOTY) is a Taiwanese manufacturer specializing in thin‐film‐transistor liquid crystal display (TFT‐LCD) panels. Headquartered in Hsinchu, Taiwan, the company designs, develops and produces high‐resolution display solutions for a variety of end markets, including televisions, desktop monitors, notebook computers, mobile devices and tablets. In addition to consumer electronics, AU Optronics supplies specialty and industrial displays for applications such as automotive instrument clusters, medical imaging and retail signage.

Founded in 1996, AU Optronics has grown into one of the world’s leading TFT‐LCD producers by expanding its fabrication facilities across Taiwan and mainland China.