AUO (OTCMKTS:AUOTY) Shares Gap Up - Should You Buy?

Key Points

• AUO shares gapped up — the stock jumped from a prior close of $5.25 to an open at $5.70 and last traded at $5.7550 on volume of 275,717 shares.
• Valuation and liquidity — AUO has a market cap of $4.47 billion, a P/E of 13.81, quick ratio 0.83, current ratio 1.13 and debt/equity of 0.56, and is trading above its 50‑day ($4.85) and 200‑day ($4.40) moving averages.
• Business profile — AU Optronics is a Taiwanese TFT‑LCD manufacturer supplying high‑resolution displays for TVs, monitors, notebooks, mobile devices and specialty industrial markets including automotive and medical imaging.

AUO Corporation - Sponsored ADR (OTCMKTS:AUOTY - Get Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $5.25, but opened at $5.70. AUO shares last traded at $5.7550, with a volume of 275,717 shares.

AUO Stock Performance

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 stock has a market capitalization of $4.47 billion, a P/E ratio of 13.81 and a beta of 0.43. The company has a 50-day moving average price of $4.85 and a two-hundred day moving average price of $4.40.

AUO Company Profile

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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