AAC Technologies (OTCMKTS:AACAY) Trading 4.9% Higher - Here's Why

Key Points

• AAC Technologies Holdings Inc. saw a stock price increase of 4.9% on Monday, trading at $5.77.
• Trading volume for the day was approximately 1,214 shares, representing a decline of 85% from the average daily volume.
• The company specializes in providing solutions for smart devices across various regions, including Mainland China, Hong Kong, and Europe.

AAC Technologies Holdings Inc. (OTCMKTS:AACAY - )'s share price rose 4.9% on Monday . The company traded as high as $5.77 and last traded at $5.77. Approximately 1,214 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 7,963 shares. The stock had previously closed at $5.50.

AAC Technologies Stock Performance

The business's fifty day moving average price is $5.25 and its two-hundred day moving average price is $5.30. The company has a quick ratio of 1.18, a current ratio of 1.45 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.

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