AUO (OTCMKTS:AUOTY) Stock Price Down 5% – Time to Sell?

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

AUO Price Performance

The business has a fifty day simple moving average of $4.16 and a 200-day simple moving average of $4.29. The stock has a market capitalization of $3.65 billion, a P/E ratio of 15.81 and a beta of 0.46. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.86 and a current ratio of 1.19.

About AUO

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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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