AAC Technologies Holdings Inc. (OTCMKTS:AACAY – Get Free Report)’s share price gapped down prior to trading on Friday. The stock had previously closed at $4.88, but opened at $4.61. AAC Technologies shares last traded at $4.6195, with a volume of 616 shares.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group cut AAC Technologies from a “strong-buy” rating to a “hold” rating in a research note on Sunday, August 23rd. Two equities research analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, the company has an average rating of “Hold”.
View Our Latest Stock Report on AACAY
AAC Technologies Stock Performance
The stock’s fifty day moving average price is $4.85 and its 200 day moving average price is $4.94. The company has a current ratio of 1.43, a quick ratio of 1.07 and a debt-to-equity ratio of 0.30.
About AAC Technologies
AAC Technologies Holdings Inc. is a developer and manufacturer of precision components and modules used in consumer electronics and other devices. Its products include acoustic components, such as speakers and receivers, as well as haptic components, optical products, sensors and precision mechanical parts. Founded in 1993, the company supplies manufacturers of smartphones and other consumer electronics, serving customers in markets around the world. Its technologies are also used in applications beyond mobile devices, including automotive products.
Featured Articles
- Five stocks we like better than AAC Technologies
- Nu Holdings Earnings Show a Compounder Priced Like a Brazil Bet
- Game On: The Hidden Value in Take-Two’s Stock
- LightPath Technologies’ Record Backlog Highlights a Bigger Defense Opportunity
- A 10-Stock Strategy That Balances AI Growth With Cash Flow
Receive News & Ratings for AAC Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AAC Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
