AAC Technologies (OTCMKTS:AACAY) Shares Gap Down – Time to Sell?

AAC Technologies Holdings Inc. (OTCMKTS:AACAY) gapped down prior to trading on Tuesday . The stock had previously closed at $4.96, but opened at $4.84. AAC Technologies shares last traded at $4.84, with a volume of 1,489 shares traded.

AAC Technologies Price Performance

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 company has a market cap of $5.66 billion, a P/E ratio of 80.67 and a beta of 1.33. The firm’s fifty day moving average is $4.94 and its two-hundred day moving average is $5.24.

About AAC Technologies

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.