AUO (OTCMKTS:AUOTY) Stock Price Down 3.9% - Time to Sell?

Key Points

• AUO Corporation's stock price decreased by 3.9% to $4.60, with a significantly reduced trading volume of only 2,071 shares, down from an average of 75,811 shares.
• The company recently announced a dividend of $0.0837, resulting in an unusually high yield of 189.0%, although its payout ratio is currently negative at -115.38%.
• AUO focuses on the production of thin film transistor liquid crystal displays (TFT-LCDs) and solar technology, operating in both the Display and Energy segments.

AUO Corporation - Sponsored ADR (OTCMKTS:AUOTY - )'s share price was down 3.9% during mid-day trading on Monday . The company traded as low as $4.60 and last traded at $4.60. Approximately 2,071 shares traded hands during trading, a decline of 97% from the average daily volume of 75,811 shares. The stock had previously closed at $4.79.

AUO Price Performance

The stock's 50 day moving average is $4.63 and its two-hundred day moving average is $5.01. The stock has a market capitalization of $3.64 billion, a PE ratio of -18.19 and a beta of 0.47.

AUO Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, September 8th. Investors of record on Thursday, August 7th were paid a $0.0837 dividend. The ex-dividend date of this dividend was Wednesday, August 6th. This represents a yield of 189.0%. AUO's payout ratio is presently -115.38%.

About AUO

AUO Corporation researches, develops, produces, and sells thin film transistor liquid crystal displays (TFT-LCDs) and other flat panel displays for various applications. It operates through two segments, Display and Energy. The company designs, manufactures, and sells ingots, solar wafers, and solar modules, as well as provides technical engineering and maintenance services for solar system projects.

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