AAC Technologies (OTCMKTS:AACAY) Stock Price Down 3.9% – Here’s Why

AAC Technologies Holdings Inc. (OTCMKTS:AACAY)’s share price fell 3.9% on Wednesday . The company traded as low as $4.56 and last traded at $4.56. 686 shares were traded during mid-day trading, a decline of 91% from the average session volume of 7,563 shares. The stock had previously closed at $4.7450.

AAC Technologies Stock Performance

The stock has a 50-day simple moving average of $5.27 and a 200-day simple moving average of $5.23. The stock has a market cap of $5.31 billion, a PE ratio of 75.50 and a beta of 1.25. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.44 and a quick ratio of 1.12.

AAC Technologies Company Profile

AAC Technologies Holdings Inc, an investment holding company, provides solutions for smart devices in Mainland China, Hong Kong Special Administrative Region of the People's Republic of China, Taiwan, other Asian countries, the United States, and Europe. The company operates through Acoustics Product, Electromagnetic Drives and Precision Mechanics, Optics Products, Sensor and Semiconductor Products, and other products segments.