AUO (OTCMKTS:AUOTY) Sets New 52-Week High – Here’s What Happened

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY)’s stock price hit a new 52-week high during trading on Wednesday. The stock traded as high as $12.00 and last traded at $12.00, with a volume of 8039 shares changing hands. The stock had previously closed at $10.6940.

AUO Price Performance

The company has a current ratio of 1.12, a quick ratio of 0.83 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $9.29 billion, a PE ratio of 54.87 and a beta of 0.47. The stock’s 50-day moving average is $8.54 and its two-hundred day moving average is $7.44.

AUO (OTCMKTS:AUOTY) last announced its earnings results on Thursday, July 30th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.05. The business had revenue of $2.18 billion during the quarter, compared to analyst estimates of $2.21 billion. AUO had a return on equity of 3.15% and a net margin of 1.82%.

About AUO

AUO Corporation is a Taiwan-based technology company that develops and manufactures display solutions. Its product portfolio includes thin-film transistor liquid-crystal display (TFT-LCD) panels, AMOLED displays and other display technologies used in televisions, monitors, notebook computers, tablets, smartphones, automotive systems and industrial equipment.

In addition to producing display panels, AUO provides integrated display and smart-solution products for applications such as digital signage, transportation, healthcare, education, retail and enterprise environments.