AUO (OTCMKTS:AUOTY) Reaches New 52-Week High – Here’s Why

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $214,748.3647 and last traded at $214,748.3647, with a volume of 1 shares traded. The stock had previously closed at $4.87.

AUO Price Performance

The company has a current ratio of 1.19, a quick ratio of 0.86 and a debt-to-equity ratio of 0.61. The company’s 50 day moving average price is $3.74 and its 200 day moving average price is $4.32. The company has a market cap of $3.71 billion, a price-to-earnings ratio of 16.07 and a beta of 0.45.

AUO (OTCMKTS:AUOTY) last posted its quarterly earnings results on Thursday, October 30th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.01) by $0.10. The firm had revenue of $2.28 billion during the quarter, compared to analysts’ expectations of $2.30 billion. AUO had a net margin of 3.17% and a return on equity of 5.77%. Equities research analysts forecast that AUO Corporation – Sponsored ADR will post -0.26 earnings per share for the current year.

About AUO

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.