AAC Technologies (OTCMKTS:AACAY) Sees Strong Trading Volume – Should You Buy?

Shares of AAC Technologies Holdings Inc. (OTCMKTS:AACAYGet Free Report) saw strong trading volume on Thursday . 2,932 shares changed hands during mid-day trading, an increase of 44% from the previous session’s volume of 2,031 shares.The stock last traded at $5.06 and had previously closed at $4.85.

AAC Technologies Trading Down 1.0%

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 stock has a market cap of $5.89 billion, a P/E ratio of 168.05 and a beta of 1.33. The company has a 50-day simple moving average of $4.92 and a 200-day simple moving average of $5.24.

About AAC Technologies

(Get Free Report)

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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