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

Shares of AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) gapped up before the market opened on Wednesday . The stock had previously closed at $5.65, but opened at $6.25. AUO shares last traded at $6.25, with a volume of 111 shares traded.

AUO Trading Up 2.1%

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 has a market capitalization of $4.95 billion, a P/E ratio of 15.32 and a beta of 0.43. The firm has a 50-day moving average of $5.04 and a two-hundred day moving average of $4.46.

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.