AAC Technologies (OTCMKTS:AACAY) Stock Price Passes Below Fifty Day Moving Average – Should You Sell?

AAC Technologies Holdings Inc. (OTCMKTS:AACAYGet Free Report) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $4.94 and traded as low as $4.90. AAC Technologies shares last traded at $4.90, with a volume of 802 shares traded.

AAC Technologies Stock 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 firm has a market cap of $5.73 billion, a price-to-earnings ratio of 81.67 and a beta of 1.33. The stock’s fifty day moving average is $4.94 and its two-hundred day moving average is $5.23.

About AAC Technologies

(Get Free Report)

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.

Further Reading

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.