AUO (OTCMKTS:AUOTY) Trading Up 22% – What’s Next?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY)’s stock price rose 22% on Thursday . The stock traded as high as $5.1850 and last traded at $5.1850. Approximately 6,233 shares changed hands during trading, a decline of 91% from the average daily volume of 69,363 shares. The stock had previously closed at $4.25.

AUO Stock Performance

The company has a current ratio of 1.13, a quick ratio of 0.83 and a debt-to-equity ratio of 0.56. The firm’s fifty day moving average price is $4.80 and its 200-day moving average price is $4.39. The firm has a market cap of $4.04 billion, a price-to-earnings ratio of 12.50 and a beta of 0.38.

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.