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

Key Points

• Shares of AAC Technologies Holdings Inc. gapped down to $5.41 from a previous close of $5.64, reflecting a decline of 4.1% prior to trading on Thursday.
• The company has a debt-to-equity ratio of 0.33 and a current ratio of 1.45, indicating relatively stable financial health.
• AAC Technologies operates in various segments including Acoustics, Electromagnetic Drives, and Optics Products, providing solutions for smart devices across multiple regions including Asia and the United States.

Shares of AAC Technologies Holdings Inc. (OTCMKTS:AACAY - ) gapped down prior to trading on Thursday . The stock had previously closed at $5.64, but opened at $5.41. AAC Technologies shares last traded at $5.41, with a volume of 100 shares.

AAC Technologies Trading Down 4.1%

The company has a debt-to-equity ratio of 0.33, a current ratio of 1.45 and a quick ratio of 1.18. The business's fifty day simple moving average is $5.38 and its 200 day simple moving average is $5.26.

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.

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