AUO (OTCMKTS:AUOTY) Shares Gap Up – What’s Next?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) gapped up before the market opened on Tuesday . The stock had previously closed at $5.75, but opened at $6.40. AUO shares last traded at $6.50, with a volume of 2,716 shares changing hands.

AUO Trading Up 7.7%

The company has a 50-day moving average of $5.25 and a 200 day moving average of $4.56. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.13 and a quick ratio of 0.83. The company has a market cap of $4.94 billion, a PE ratio of 26.71 and a beta of 0.28.

AUO (OTCMKTS:AUOTY) last issued its quarterly earnings data on Thursday, April 30th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.04). The company had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $2.11 billion. AUO had a net margin of 2.06% and a return on equity of 3.58%. Analysts predict that AUO Corporation – Sponsored ADR will post 0.11 earnings per share 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.