AAC Technologies (OTCMKTS:AACAY) Shares Gap Down – Should You Sell?

AAC Technologies Holdings Inc. (OTCMKTS:AACAY – Get Free Report)’s stock price gapped down before the market opened on Thursday. The stock had previously closed at $4.9650, but opened at $4.64. AAC Technologies shares last traded at $4.64, with a volume of 2,066 shares.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group cut shares of AAC Technologies from a “strong-buy” rating to a “hold” rating in a research report on Sunday, August 23rd. Two investment analysts have rated the stock with a Hold rating. Based on data from MarketBeat, AAC Technologies has an average rating of “Hold”.

Get Our Latest Analysis on AAC Technologies

AAC Technologies Stock Performance

The business has a 50 day simple moving average of $5.19 and a 200 day simple moving average of $5.13.

About AAC Technologies

(Get Free Report)

AAC Technologies Holdings Inc is a China-based manufacturer of advanced components and solutions for consumer electronics and other technology applications. The company develops and produces miniaturized components used in smartphones, tablets, laptops, wearable devices, automotive systems and connected products.

Its product portfolio includes acoustic components such as speakers, receivers and microphones, as well as haptic systems, precision mechanical components, optical components and related modules.

Further Reading

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