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AAC Technologies (OTCMKTS:AACAY) Shares Gap Down - Here's What Happened

AAC Technologies logo with Computer and Technology background

Shares of AAC Technologies Holdings Inc. (OTCMKTS:AACAY - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $5.28, but opened at $4.95. AAC Technologies shares last traded at $4.93, with a volume of 4,254 shares traded.

AAC Technologies Trading Down 7.2%

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 simple moving average is $4.89 and its 200 day simple moving average is $5.19.

AAC Technologies Increases Dividend

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

About AAC Technologies

(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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