AAC Technologies (OTCMKTS:AACAY) Shares Gap Down – Should You Sell?

AAC Technologies Holdings Inc. (OTCMKTS:AACAYGet Free Report)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $5.4210, but opened at $5.12. AAC Technologies shares last traded at $5.12, with a volume of 201 shares changing hands.

AAC Technologies Stock Down 2.4%

The business’s 50 day moving average price is $5.32 and its two-hundred day moving average price is $4.94. The company has a quick ratio of 1.19, a current ratio of 1.49 and a debt-to-equity ratio of 0.31.

AAC Technologies Company Profile

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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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