AAC Technologies (OTCMKTS:AACAY) Sees Strong Trading Volume – Still a Buy?

Shares of AAC Technologies Holdings Inc. (OTCMKTS:AACAY) saw unusually-strong trading volume on Tuesday . 14,487 shares were traded during trading, an increase of 33% from the previous session’s volume of 10,924 shares.The stock last traded at $5.42 and had previously closed at $5.46.

AAC Technologies Stock Performance

The business has a 50-day simple moving average of $5.29 and a 200 day simple moving average of $4.96. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.49 and a quick ratio of 1.19.

About AAC Technologies

AAC Technologies is a leading designer and manufacturer of miniaturized acoustic components and haptic solutions for the global consumer electronics industry. The company’s product portfolio includes micro speakers, receivers, microphones based on micro-electromechanical systems (MEMS), vibration motors and linear resonant actuators, as well as precision camera modules and related optical components. These technologies are widely used in smartphones, tablets, laptops, wearable devices, automotive infotainment systems and Internet-of-Things applications.

Founded in 1993 and headquartered in Shenzhen, China, AAC Technologies has grown into a key supplier for many of the world’s top original equipment manufacturers.