AAC Technologies (OTCMKTS:AACAY) Sees Strong Trading Volume – What’s Next?

AAC Technologies Holdings Inc. (OTCMKTS:AACAY) shares saw an uptick in trading volume on Wednesday . 15,290 shares changed hands during trading, an increase of 341% from the previous session’s volume of 3,464 shares.The stock last traded at $4.43 and had previously closed at $4.66.

AAC Technologies Trading Down 3.2%

The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.12 and a current ratio of 1.44. The company has a market cap of $5.26 billion, a price-to-earnings ratio of 150.33 and a beta of 1.33. The company’s fifty day moving average is $4.88 and its two-hundred day moving average is $5.21.

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.