AAC Technologies Holdings Inc. (OTCMKTS:AACAY – Get Free Report) shares saw strong trading volume on Friday . 92,971 shares changed hands during mid-day trading, an increase of 1,248% from the previous session’s volume of 6,897 shares.The stock last traded at $5.42 and had previously closed at $5.38.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group cut shares of AAC Technologies from a “strong-buy” rating to a “hold” rating in a report on Friday, March 20th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, AAC Technologies has a consensus rating of “Hold”.
Get Our Latest Analysis on AACAY
AAC Technologies Stock Performance
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.
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