Acon Optics Communications Inc. (6820.TWO) closed at 85.80 TWD on November 29, marking a sharp increase of 12.89% from the previous close of 76.00 TWD.
The stock opened the week at 76.00 TWD and traded within a range of 75.10 TWD to 86.30 TWD, hitting a 52-week high during the session.
Trading activity surged, with a total weekly volume of 292,855 shares, significantly exceeding the average volume of 111,611 shares. The company’s market capitalization rose to 1.787 billion TWD by the close.
Acon Optics’ price-to-earnings ratio of 156.00 and earnings per share of 0.55 suggest high investor expectations, despite the elevated valuation.
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