AAC Technologies (OTCMKTS:AACAY) Shares Gap Up – What’s Next?

AAC Technologies Holdings Inc. (OTCMKTS:AACAYGet Free Report)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $4.47, but opened at $4.71. AAC Technologies shares last traded at $4.65, with a volume of 713 shares changing hands.

AAC Technologies Trading Up 2.2%

The stock’s 50 day moving average is $4.88 and its 200-day moving average is $5.20. The company has a market cap of $5.40 billion, a P/E ratio of 154.33 and a beta of 1.33. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 0.32.

About AAC Technologies

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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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