AAC Technologies Holdings Inc. (OTCMKTS:AACAY – Get Free Report) shares gapped up before the market opened on Tuesday. The stock had previously closed at $4.64, but opened at $4.82. AAC Technologies shares last traded at $4.82, with a volume of 896 shares traded.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group lowered AAC Technologies from a “strong-buy” rating to a “hold” rating in a report on Sunday, August 23rd. Two equities research analysts have rated the stock with a Hold rating. According to MarketBeat, the stock has an average rating of “Hold”.
View Our Latest Stock Analysis on AACAY
AAC Technologies Stock Up 0.9%
The company has a debt-to-equity ratio of 0.30, a current ratio of 1.43 and a quick ratio of 1.07. The stock’s fifty day moving average is $4.90 and its 200-day moving average is $4.94.
About AAC Technologies
AAC Technologies Holdings Inc. is a developer and manufacturer of precision components and modules used in consumer electronics and other devices. Its products include acoustic components, such as speakers and receivers, as well as haptic components, optical products, sensors and precision mechanical parts. Founded in 1993, the company supplies manufacturers of smartphones and other consumer electronics, serving customers in markets around the world. Its technologies are also used in applications beyond mobile devices, including automotive products.
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