AUO (OTCMKTS:AUOTY) Hits New 12-Month High – Here’s Why

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) shares 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 trading hands. The stock had previously closed at $8.1860.

AUO Stock 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 company has a 50 day simple moving average of $6.80 and a 200-day simple moving average of $5.35. The stock has a market cap of $6.86 billion, a P/E ratio of 37.13 and a beta of 0.46.

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