AAC Technologies Holdings Inc. (OTCMKTS:AACAY – Get Free Report)’s stock price fell 8% during trading on Friday. The stock traded as low as $4.5801 and last traded at $4.5801. 437 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 11,405 shares. The stock had previously closed at $4.9801.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group downgraded AAC Technologies from a “strong-buy” rating to a “hold” rating in a research note on Sunday, August 23rd. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, AAC Technologies currently has a consensus rating of “Hold”.
Get Our Latest Analysis on AAC Technologies
AAC Technologies Trading Down 1.7%
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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