AAC Technologies (OTCMKTS:AACAY) Stock Price Passes Below Fifty Day Moving Average of $5.37

AAC Technologies Holdings Inc. (OTCMKTS:AACAY)’s stock price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $5.37 and traded as low as $4.87. AAC Technologies shares last traded at $5.01, with a volume of 134,613 shares.

Separately, Zacks Investment Research cut shares of AAC Technologies from a “hold” rating to a “sell” rating in a report on Tuesday, March 30th.

The company has a debt-to-equity ratio of 0.32, a current ratio of 1.81 and a quick ratio of 1.33. The firm’s 50 day moving average price is $5.36 and its 200-day moving average price is $5.49. The firm has a market cap of $5.98 billion, a price-to-earnings ratio of 23.57 and a beta of 1.10.

About AAC Technologies (OTCMKTS:AACAY)

AAC Technologies Holdings Inc, an investment holding company, provides solutions to enhance user experience of smart mobile devices in China and internationally. The company operates through Dynamic Components, Electromagnetic Drives and Precision Mechanics, Micro Electro-Mechanical System Components, and Other Products segments.

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