AAC Technologies Holdings Inc. (OTCMKTS:AACAY – Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 2,030 shares traded hands during mid-day trading, a decline of 14% from the previous session’s volume of 2,353 shares.The stock last traded at $4.7990 and had previously closed at $4.9140.
AAC Technologies Trading Down 4.5%
The company has a 50 day moving average of $4.90 and a 200-day moving average of $5.23. The stock has a market cap of $5.59 billion, a price-to-earnings ratio of 159.50 and a beta of 1.33. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.12 and a current ratio of 1.44.
About AAC Technologies
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.
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