AUO (OTCMKTS:AUOTY) Hits New 1-Year High – Here’s Why

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as $10.50 and last traded at $10.50, with a volume of 2443 shares. The stock had previously closed at $9.50.

AUO Stock Performance

The company has a market cap of $8.01 billion, a PE ratio of 47.27 and a beta of 0.47. The company has a quick ratio of 0.83, a current ratio of 1.12 and a debt-to-equity ratio of 0.47. The company has a 50-day moving average of $8.19 and a 200-day moving average of $7.14.

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

AUO Company Profile

AUO Corporation is a Taiwan-based technology company that develops and manufactures display products and related solutions. Its portfolio includes thin-film transistor liquid-crystal displays (TFT-LCD), active-matrix organic light-emitting diode (AMOLED) panels, and emerging technologies such as mini LED and micro LED displays.

The company supplies display components and integrated solutions for a variety of applications, including televisions, monitors, notebook computers, tablets, smartphones, automotive systems, industrial equipment, medical devices, and other commercial products.