AAC Technologies Holdings Inc. (OTCMKTS:AACAY – Get Free Report)’s share price dropped 4.2% on Friday . The company traded as low as $5.06 and last traded at $5.06. Approximately 509 shares traded hands during trading, a decline of 95% from the average daily volume of 11,053 shares. The stock had previously closed at $5.28.
AAC Technologies Stock Up 0.1%
The company has a debt-to-equity ratio of 0.31, a current ratio of 1.49 and a quick ratio of 1.19. The business’s 50-day simple moving average is $5.28 and its 200 day simple moving average is $4.96.
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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