AUO (OTCMKTS:AUOTY) Trading 3.6% Higher – Still a Buy?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY)’s stock price was up 3.6% on Thursday . The company traded as high as $9.74 and last traded at $9.74. Approximately 9,762 shares were traded during trading, a decline of 86% from the average session volume of 69,874 shares. The stock had previously closed at $9.40.

AUO Price Performance

The company has a market cap of $7.43 billion, a P/E ratio of 43.87 and a beta of 0.47. The company has a fifty day simple moving average of $8.24 and a 200-day simple moving average of $6.99. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.12 and a quick ratio of 0.83.

AUO (OTCMKTS:AUOTY) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.06 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.05. The business had revenue of $2.18 billion during 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.