AAC Technologies (OTCMKTS:AACAY) Hits New 52-Week High – Still a Buy?

Shares of AAC Technologies Holdings Inc. (OTCMKTS:AACAYGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $5.18 and last traded at $5.18, with a volume of 7237 shares traded. The stock had previously closed at $5.10.

AAC Technologies Price Performance

The company’s 50-day simple moving average is $4.72 and its 200-day simple moving average is $4.16. The company has a current ratio of 1.59, a quick ratio of 1.25 and a debt-to-equity ratio of 0.30.

AAC Technologies Company Profile

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AAC Technologies Holdings Inc, an investment holding company, provides solutions for smart devices in Mainland China, Hong Kong Special Administrative Region of the People's Republic of China, Taiwan, other Asian countries, the United States, and Europe. The company operates through Acoustics Product, Electromagnetic Drives and Precision Mechanics, Optics Products, Sensor and Semiconductor Products, and other products segments.

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