AUO (OTCMKTS:AUOTY) Hits New 52-Week High – What’s Next?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $9.86 and last traded at $9.86, with a volume of 7666 shares traded. The stock had previously closed at $8.1860.

AUO Price Performance

The company has a debt-to-equity ratio of 0.56, a current ratio of 1.13 and a quick ratio of 0.83. The stock has a 50 day moving average price of $6.65 and a two-hundred day moving average price of $5.27. The firm has a market capitalization of $7.47 billion, a price-to-earnings ratio of 40.42 and a beta of 0.45.

AUO (OTCMKTS:AUOTY) last posted its earnings results on Thursday, April 30th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.04). AUO had a return on equity of 3.58% and a net margin of 2.06%.The firm had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.11 billion. As a group, analysts expect that AUO Corporation – Sponsored ADR will post 0.11 EPS for the current 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.