AAC Technologies (OTCMKTS:AACAY) Sees Large Volume Increase – Here’s What Happened

AAC Technologies Holdings Inc. (OTCMKTS:AACAYGet Free Report) saw strong trading volume on Friday . 229,791 shares were traded during trading, an increase of 2,524% from the previous session’s volume of 8,758 shares.The stock last traded at $5.40 and had previously closed at $5.17.

AAC Technologies Stock Performance

The firm’s fifty day moving average is $5.37 and its 200-day moving average is $4.93. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.49 and a quick ratio of 1.19.

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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