AAC Technologies Holdings Inc. (OTCMKTS:AACAY – Get Free Report)’s stock price gapped up prior to trading on Wednesday. The stock had previously closed at $4.4825, but opened at $4.90. AAC Technologies shares last traded at $4.90, with a volume of 665 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group lowered AAC Technologies from a “strong-buy” rating to a “hold” rating in a report on Sunday, August 23rd. Two analysts have rated the stock with a Hold rating. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.
Read Our Latest Analysis on AAC Technologies
AAC Technologies Stock Performance
The company has a debt-to-equity ratio of 0.30, a current ratio of 1.43 and a quick ratio of 1.07. The firm’s 50-day simple moving average is $4.99 and its 200 day simple moving average is $4.95.
AAC Technologies Company Profile
AAC Technologies Holdings Inc is a China-based manufacturer of components and solutions for consumer electronics and other technology applications. The company develops and produces acoustic components, including microphones, receivers, speakers and speaker modules, as well as haptic products that provide vibration and tactile feedback for mobile devices and other electronic equipment.
The company also operates in precision manufacturing and provides products used in optical and imaging systems, including camera-related components and modules.
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