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

Shares of AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) gapped down before the market opened on Friday . The stock had previously closed at $4.84, but opened at $4.68. AUO shares last traded at $4.76, with a volume of 2,609 shares traded.

AUO Price Performance

The firm’s 50 day moving average price is $4.16 and its two-hundred day moving average price is $4.30. The company has a quick ratio of 0.86, a current ratio of 1.19 and a debt-to-equity ratio of 0.61.

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.