Shares of AAC Technologies Holdings Inc. (OTCMKTS:AACAY – Get 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 Stock Performance
The firm’s fifty day moving average price is $4.91 and its 200-day moving average price is $5.24. The company has a market cap of $5.95 billion, a P/E ratio of 169.67 and a beta of 1.33. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 0.32.
AAC Technologies Company Profile
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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