AUO (OTCMKTS:AUOTY) Trading 22% Higher – Should You Buy?

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) shares traded up 22% during mid-day trading on Thursday . The company traded as high as $5.1850 and last traded at $5.1850. 6,233 shares were traded during trading, a decline of 91% from the average session volume of 69,363 shares. The stock had previously closed at $4.25.

AUO Price Performance

The stock has a market cap of $4.01 billion, a PE ratio of 12.40 and a beta of 0.43. The company has a quick ratio of 0.83, a current ratio of 1.13 and a debt-to-equity ratio of 0.56. The company’s fifty day moving average is $4.82 and its 200 day moving average is $4.39.

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.