AAC Technologies (OTCMKTS:AACAY) Sees Large Volume Increase – Time to Buy?

Shares of AAC Technologies Holdings Inc. (OTCMKTS:AACAYGet Free Report) saw unusually-high trading volume on Monday . Approximately 2,030 shares were traded during trading, a decline of 14% from the previous session’s volume of 2,353 shares.The stock last traded at $4.7990 and had previously closed at $4.9140.

AAC Technologies Stock Down 2.3%

The stock has a market cap of $5.52 billion, a P/E ratio of 157.67 and a beta of 1.33. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 0.32. The company has a 50-day simple moving average of $4.90 and a two-hundred day simple moving average of $5.22.

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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