AAC TECHNOLOGIE/ADR (OTCMKTS:AACAY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Tuesday.

According to Zacks, “AAC Technologies Holdings Inc. is a micro component solutions provider for communications and consumer electronics market. The Company is engaged in designing and manufacturing a diverse range of components including acoustics, antennas, optics, haptics and Li-ion polymer batteries for mobile devices. Its products are used in a variety of applications including mobile handsets, tablets, notebooks, LED TV, game consoles, eReaders, MP3 players, MP4 players, and many other consumer electronics. AAC Technologies Holdings Inc., formerly known as AAC Acoustic Technologies Holdings Inc., is headquartered in Shenzhen, China. “

Separately, ValuEngine cut shares of AAC TECHNOLOGIE/ADR from a “hold” rating to a “sell” rating in a research report on Friday, January 4th.

Shares of OTCMKTS AACAY opened at $5.97 on Tuesday. The firm has a market cap of $7.29 billion, a PE ratio of 9.32, a PEG ratio of 10.61 and a beta of 0.83. AAC TECHNOLOGIE/ADR has a twelve month low of $5.03 and a twelve month high of $20.51. The company has a current ratio of 1.30, a quick ratio of 0.94 and a debt-to-equity ratio of 0.14.

About AAC TECHNOLOGIE/ADR

AAC Technologies Holdings Inc, an investment holding company, provides miniaturized technology components to the consumer electronics industry worldwide. The company operates through Dynamic Components, Haptics & Radio Frequency Mechanical Module, Micro Electro-Mechanical System Components, and Other Products segments.

Featured Story: Diversification For Individual Investors

Get a free copy of the Zacks research report on AAC TECHNOLOGIE/ADR (AACAY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for AAC TECHNOLOGIE/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AAC TECHNOLOGIE/ADR and related companies with MarketBeat.com's FREE daily email newsletter.