AAC Technologies (OTCMKTS:AACAY) Sees Strong Trading Volume – Here’s What Happened

AAC Technologies Holdings Inc. (OTCMKTS:AACAYGet Free Report) saw strong trading volume on Tuesday . 14,487 shares changed hands during mid-day trading, an increase of 33% from the previous session’s volume of 10,924 shares.The stock last traded at $5.42 and had previously closed at $5.46.

AAC Technologies Trading Down 0.9%

The firm has a fifty day moving average of $5.30 and a 200 day moving average of $4.95. The company has a current ratio of 1.49, a quick ratio of 1.19 and a debt-to-equity ratio of 0.31.

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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