AAC Technologies (OTCMKTS:AACAY) Shares Gap Down – Should You Sell?

AAC Technologies Holdings Inc. (OTCMKTS:AACAY – Get Free Report) shares gapped down before the market opened on Thursday. The stock had previously closed at $4.9650, but opened at $4.64. AAC Technologies shares last traded at $4.64, with a volume of 2,066 shares.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group cut shares of AAC Technologies from a “strong-buy” rating to a “hold” rating in a report on Sunday, August 23rd. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, AAC Technologies presently has a consensus rating of “Hold”.

View Our Latest Stock Analysis on AACAY

AAC Technologies Trading Down 6.8%

The firm’s 50 day moving average price is $5.20 and its two-hundred day moving average price is $5.13.

AAC Technologies Company Profile

(Get Free Report)

AAC Technologies Holdings Inc is a China-based manufacturer of advanced components and solutions for consumer electronics and other technology applications. The company develops and produces miniaturized components used in smartphones, tablets, laptops, wearable devices, automotive systems and connected products.

Its product portfolio includes acoustic components such as speakers, receivers and microphones, as well as haptic systems, precision mechanical components, optical components and related modules.

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