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

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTYGet Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $4.55, but opened at $5.20. AUO shares last traded at $5.20, with a volume of 319 shares traded.

AUO Stock Performance

The company has a quick ratio of 0.86, a current ratio of 1.19 and a debt-to-equity ratio of 0.61. The business has a 50 day moving average price of $4.24 and a 200 day moving average price of $4.30. The stock has a market cap of $3.87 billion, a P/E ratio of 16.77 and a beta of 0.46.

AUO Company Profile

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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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