AAC Technologies (OTCMKTS:AACAY) Trading Down 4.7% - What's Next?

Key Points

• AAC Technologies Holdings Inc. shares experienced a decline of 4.7%, closing at $5.41 after trading as low as $5.41 during the day.
• The trading volume was significantly low, with only 402 shares changing hands, marking a 95% drop from its average session volume.
• The company maintains a debt-to-equity ratio of 0.33 and is engaged in providing solutions for smart devices across various regions including Asia, the U.S., and Europe.

AAC Technologies Holdings Inc. (OTCMKTS:AACAY - Get Free Report) shares were down 4.7% on Friday . The stock traded as low as $5.41 and last traded at $5.41. Approximately 402 shares traded hands during trading, a decline of 95% from the average daily volume of 7,941 shares. The stock had previously closed at $5.68.

AAC Technologies Price Performance

The company's 50-day simple moving average is $5.41 and its two-hundred day simple moving average is $5.24. The company has a current ratio of 1.45, a quick ratio of 1.18 and a debt-to-equity ratio of 0.33.

About AAC Technologies

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.