Free Trial

AAC Technologies (OTCMKTS:AACAY) Trading 6.7% Higher - What's Next?

AAC Technologies logo with Computer and Technology background

Key Points

  • AAC Technologies Holdings Inc. saw its stock price increase by 6.7% on Monday, reaching a high of $6.41, despite a 32% decline in trading volume compared to its average.
  • The company announced a dividend increase, distributing $0.0262 per share, marking a significant boost from the previous dividend of $0.01 and representing a yield of 53.0%.
  • AAC Technologies operates across various segments including acoustics, optics, and semiconductor products, providing solutions primarily for smart devices in China and other regions.
  • Five stocks to consider instead of AAC Technologies.

Shares of AAC Technologies Holdings Inc. (OTCMKTS:AACAY - Get Free Report) shot up 6.7% during mid-day trading on Monday . The stock traded as high as $6.41 and last traded at $6.41. 5,478 shares were traded during mid-day trading, a decline of 32% from the average session volume of 8,094 shares. The stock had previously closed at $6.01.

AAC Technologies Price Performance

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 50-day simple moving average is $5.25 and its 200 day simple moving average is $5.30.

AAC Technologies Company Profile

(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.

Read More

Should You Invest $1,000 in AAC Technologies Right Now?

Before you consider AAC Technologies, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AAC Technologies wasn't on the list.

While AAC Technologies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.