AAC Technologies (AACAY) Projected to Post Quarterly Earnings on Thursday

AAC Technologies (OTCMKTS:AACAY) is expected to release its results before the market opens on Thursday, March 19th. Analysts expect AAC Technologies to post earnings of $0.1972 per share and revenue of $2.6775 billion for the quarter.

AAC Technologies Trading Up 1.1%

Shares of AACAY stock opened at $4.25 on Wednesday. The stock’s fifty day moving average is $4.64 and its two-hundred day moving average is $5.00. The firm has a market capitalization of $4.95 billion, a P/E ratio of 141.50 and a beta of 1.32. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.12 and a current ratio of 1.44. AAC Technologies has a fifty-two week low of $3.91 and a fifty-two week high of $6.89.

AAC Technologies Company Profile

AAC Technologies is a leading designer and manufacturer of miniaturized acoustic components and haptic solutions for the global consumer electronics industry. The company’s product portfolio includes micro speakers, receivers, microphones based on micro-electromechanical systems (MEMS), vibration motors and linear resonant actuators, as well as precision camera modules and related optical components. These technologies are widely used in smartphones, tablets, laptops, wearable devices, automotive infotainment systems and Internet-of-Things applications.

Founded in 1993 and headquartered in Shenzhen, China, AAC Technologies has grown into a key supplier for many of the world’s top original equipment manufacturers.