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

Key Points

• AAC Technologies Holdings Inc. (OTCMKTS:AACAY) has seen its stock price fall below the 50-day moving average of $5.41, dropping as low as $5.40 during trading.
• The company's current stock price is $5.56, with a trading volume of 1,577 shares.
• AAC Technologies operates in multiple segments, including Acoustics Products, Electromagnetic Drives, and Optics Products, catering to markets in Asia, the U.S., and Europe.

AAC Technologies Holdings Inc. (OTCMKTS:AACAY - Get Free Report)'s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $5.41 and traded as low as $5.40. AAC Technologies shares last traded at $5.56, with a volume of 1,577 shares trading hands.

AAC Technologies Stock Performance

The firm has a fifty day moving average of $5.45 and a 200 day moving average of $5.24. The company has a quick ratio of 1.18, a current ratio of 1.45 and a debt-to-equity ratio of 0.33.

AAC Technologies Company Profile

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.