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AAC Technologies (OTCMKTS:AACAY) Stock Crosses Below Fifty Day Moving Average - What's Next?

AAC Technologies logo with Computer and Technology background

AAC Technologies Holdings Inc. (OTCMKTS:AACAY - Get Free Report) shares crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $4.85 and traded as low as $4.67. AAC Technologies shares last traded at $4.74, with a volume of 3,923 shares trading hands.

AAC Technologies Stock Performance

The firm's 50 day moving average price is $4.76 and its 200-day moving average price is $5.11. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.59 and a quick ratio of 1.25.

AAC Technologies Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, July 3rd. Shareholders of record on Wednesday, May 28th will be issued a $0.0262 dividend. The ex-dividend date of this dividend is 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.

Further Reading

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