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

AAC Technologies Holdings Inc. (OTCMKTS:AACAYGet Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $5.28, but opened at $4.80. AAC Technologies shares last traded at $4.80, with a volume of 157 shares.

AAC Technologies Stock Performance

The company has a current ratio of 1.49, a quick ratio of 1.19 and a debt-to-equity ratio of 0.31. The business’s 50-day moving average is $5.27 and its two-hundred day moving average is $4.96.

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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