AUO (OTCMKTS:AUOTY) Shares Gap Up - Still a Buy?

Key Points

• Gapped up: AUO opened at $5.15 versus the prior close of $4.76 and was last at $5.20, up about 9.2% on light volume (13,395 shares).
• Mixed earnings: The company missed on EPS (reported -$0.05 vs. -$0.01 expected) but beat revenue expectations ($2.18B vs. $2.11B); net margin was 2.06% and analysts forecast FY EPS of 0.11.
• Valuation and liquidity: Market cap ~$4.0B with a P/E of 21.67 and debt/equity 0.56, but liquidity is modest (quick ratio 0.83, current ratio 1.13); the 50‑day MA ($5.17) sits above the 200‑day MA ($4.51), reflecting recent upside.

AUO Corporation - Sponsored ADR (OTCMKTS:AUOTY - Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $4.76, but opened at $5.15. AUO shares last traded at $5.20, with a volume of 13,395 shares changing hands.

AUO Trading Up 9.2%

The firm has a market cap of $4.00 billion, a P/E ratio of 21.67 and a beta of 0.28. The company has a 50 day moving average of $5.17 and a 200 day moving average of $4.51. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.83 and a current ratio of 1.13.

AUO (OTCMKTS:AUOTY - Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.04). The firm had revenue of $2.18 billion during the quarter, compared to the consensus estimate 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 EPS for the current fiscal year.

AUO Company Profile

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.

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