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AUO (OTCMKTS:AUOTY) Hits New 12-Month High - Still a Buy?

AUO logo with Computer and Technology background
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Key Points

  • AUO (OTCMKTS:AUOTY) hit a new 52-week high of $6.34, trading above its 50-day ($5.00) and 200-day ($4.44) moving averages, suggesting recent upward momentum.
  • Fundamentals show moderate valuation and financial strength: market cap of $4.94 billion, P/E of 15.28, debt-to-equity of 0.56, current ratio of 1.13 and quick ratio of 0.83, with a low beta of 0.43 indicating below-market volatility.
  • AU Optronics is a leading Taiwanese TFT‑LCD maker supplying high‑resolution display panels for TVs, monitors, notebooks, mobile devices and specialty/industrial markets like automotive and medical imaging.
  • MarketBeat previews top five stocks to own in May.

AUO Corporation - Sponsored ADR (OTCMKTS:AUOTY - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $6.34 and last traded at $6.34, with a volume of 804 shares trading hands. The stock had previously closed at $6.21.

AUO Stock Performance

The stock has a 50-day moving average of $5.00 and a 200-day moving average of $4.44. The firm has a market cap of $4.94 billion, a price-to-earnings ratio of 15.28 and a beta of 0.43. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.83 and a current ratio of 1.13.

About AUO

(Get Free Report)

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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