AAC TECHNOLOGIE/ADR (AACAY) Upgraded at Zacks Investment Research

Zacks Investment Research upgraded shares of AAC TECHNOLOGIE/ADR (OTCMKTS:AACAY) from a sell rating to a hold rating in a research report report published on Wednesday morning.

According to Zacks, “AAC Technologies Holdings Inc. is a micro component solutions provider for communications and consumer electronics market. The Company is engaged in designing and manufacturing a diverse range of components including acoustics, antennas, optics, haptics and Li-ion polymer batteries for mobile devices. Its products are used in a variety of applications including mobile handsets, tablets, notebooks, LED TV, game consoles, eReaders, MP3 players, MP4 players, and many other consumer electronics. AAC Technologies Holdings Inc., formerly known as AAC Acoustic Technologies Holdings Inc., is headquartered in Shenzhen, China. “

Separately, ValuEngine cut AAC TECHNOLOGIE/ADR from a hold rating to a sell rating in a report on Monday, October 8th.

Shares of AAC TECHNOLOGIE/ADR stock opened at $6.38 on Wednesday. AAC TECHNOLOGIE/ADR has a 12 month low of $6.36 and a 12 month high of $20.65. The company has a market cap of $8.57 billion, a price-to-earnings ratio of 9.97, a PEG ratio of 12.53 and a beta of 0.66. The company has a quick ratio of 0.94, a current ratio of 1.30 and a debt-to-equity ratio of 0.14.

AAC TECHNOLOGIE/ADR Company Profile

AAC Technologies Holdings Inc, an investment holding company, provides miniaturized technology components to the consumer electronics industry worldwide. The company operates through Dynamic Components, Haptics & Radio Frequency Mechanical Module, Micro Electro-Mechanical System Components, and Other Products segments.

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