Shares of AAC Technologies Holdings Inc. (OTCMKTS:AACAY – Get Free Report) gapped down before the market opened on Thursday. The stock had previously closed at $4.9650, but opened at $4.64. AAC Technologies shares last traded at $4.64, with a volume of 2,066 shares traded.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group lowered shares of 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, According to MarketBeat.com, the stock presently has an average rating of “Hold”.
Check Out Our Latest Stock Analysis on AACAY
AAC Technologies Trading Down 6.8%
AAC Technologies Company Profile
AAC Technologies Holdings Inc is a China-based manufacturer of advanced components and solutions for consumer electronics and other technology applications. The company develops and produces miniaturized components used in smartphones, tablets, laptops, wearable devices, automotive systems and connected products.
Its product portfolio includes acoustic components such as speakers, receivers and microphones, as well as haptic systems, precision mechanical components, optical components and related modules.
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