AUO (OTCMKTS:AUOTY) Shares Gap Up – Here’s Why

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) shares gapped up prior to trading on Wednesday . The stock had previously closed at $4.25, but opened at $4.85. AUO shares last traded at $4.89, with a volume of 16,864 shares.

AUO Stock Performance

The company has a market cap of $3.77 billion, a P/E ratio of 11.65 and a beta of 0.38. The company’s fifty day moving average is $4.80 and its 200 day moving average is $4.38. The company has a current ratio of 1.13, a quick ratio of 0.83 and a debt-to-equity ratio of 0.56.

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.