AAC Technologies (OTCMKTS:AACAY) Shares Gap Down – What’s Next?

AAC Technologies Holdings Inc. (OTCMKTS:AACAYGet Free Report) gapped down prior to trading on Friday . The stock had previously closed at $5.25, but opened at $4.91. AAC Technologies shares last traded at $4.91, with a volume of 11,889 shares traded.

AAC Technologies Stock Down 7.0%

The company has a quick ratio of 1.19, a current ratio of 1.49 and a debt-to-equity ratio of 0.31. The business has a 50 day moving average price of $5.49 and a 200-day moving average price of $4.93.

About AAC Technologies

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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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