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AAC Technologies (OTCMKTS:AACAY) Share Price Crosses Above 50 Day Moving Average - Here's Why

AAC Technologies logo with Computer and Technology background

AAC Technologies Holdings Inc. (OTCMKTS:AACAY - Get Free Report) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $4.88 and traded as high as $5.30. AAC Technologies shares last traded at $5.28, with a volume of 975 shares changing hands.

AAC Technologies Price Performance

The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.18 and a current ratio of 1.45. The business's 50-day moving average price is $4.88 and its two-hundred day moving average price is $5.18.

AAC Technologies Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, July 3rd. Stockholders of record on Wednesday, May 28th were issued a dividend of $0.0262 per share. This is an increase from AAC Technologies's previous dividend of $0.01. The ex-dividend date was Tuesday, May 27th. This represents a dividend yield of 0.53%.

AAC Technologies Company Profile

(Get Free Report)

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.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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