AAC Technologies (OTCMKTS:AACAY) Shares Cross Below 50 Day Moving Average of $5.37


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Shares of AAC Technologies Holdings Inc. (OTCMKTS:AACAY) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $5.37 and traded as low as $4.87. AAC Technologies shares last traded at $5.01, with a volume of 134,613 shares.

Separately, Zacks Investment Research cut AAC Technologies from a “hold” rating to a “sell” rating in a research report on Tuesday, March 30th.

The stock has a 50-day moving average of $5.36 and a two-hundred day moving average of $5.49. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.33 and a current ratio of 1.81. The company has a market cap of $5.98 billion, a P/E ratio of 23.57 and a beta of 1.10.

About AAC Technologies (OTCMKTS:AACAY)

AAC Technologies Holdings Inc, an investment holding company, provides solutions to enhance user experience of smart mobile devices in China and internationally. The company operates through Dynamic Components, Electromagnetic Drives and Precision Mechanics, Micro Electro-Mechanical System Components, and Other Products segments.

Further Reading: Death Cross

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