AUO (OTCMKTS:AUOTY) Shares Down 5% – Here’s What Happened

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTYGet Free Report) dropped 5% on Monday . The company traded as low as $4.60 and last traded at $4.60. Approximately 318 shares changed hands during mid-day trading, a decline of 100% from the average daily volume of 67,324 shares. The stock had previously closed at $4.84.

AUO Stock Down 0.2%

The company has a current ratio of 1.19, a quick ratio of 0.86 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $3.65 billion, a price-to-earnings ratio of 15.81 and a beta of 0.46. The firm’s 50-day moving average price is $4.16 and its 200 day moving average price is $4.29.

AUO Company Profile

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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.

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