AAC Technologies Holdings Inc. (OTCMKTS:AACAY) has experienced a 57.1% decrease in short interest in March, with a total of 900 shares. AAC Technologies’ stock opened at $2.33 on Tuesday, and CLSA recently upgraded the company’s rating to “underperform.” AAC Technologies Holdings provides smart device solutions in several regions and operates through various segments, including Acoustics Product, Electromagnetic Drives and Precision Mechanics, Optics Products, and Micro Electro-Mechanical System (MEMS) Components segments. AAC Technologies’ market cap is $2.79 billion, and it has a price-to-earnings ratio of 23.30. AAC Technologies has a 52-week low of $1.30 and a 52-week high of $2.82.
Short Interest in AAC Technologies Holdings Inc. (OTCMKTS:AACAY) Decreases by 57.1%
AAC Technologies Holdings Inc. (OTCMKTS:AACAY – Get Rating) experienced a significant decline in short interest in March, with a total of 900 shares. This represents a 57.1% decrease in short interest compared to the previous period.
AAC Technologies Stock Up 1.7%
On Tuesday, AAC Technologies (AACAY) opened at $2.33, with a market cap of $2.79 billion and a beta of 1.09. The company has a price-to-earnings ratio of 23.30, a quick ratio of 1.34, a current ratio of 2.10, and a debt-to-equity ratio of 0.32. The stock has a 52-week low of $1.30 and a 52-week high of $2.82. Its fifty-day simple moving average is $2.37, while its 200-day simple moving average is $2.10.
CLSA Upgrades AAC Technologies Rating
CLSA recently upgraded AAC Technologies from a “sell” rating to an “underperform” rating in a research report released on Monday.
AAC Technologies Company Profile
AAC Technologies Holdings Inc. is an investment holding company that provides smart device solutions in various regions, including Mainland China, Hong Kong, Taiwan, the United States, and Europe. The company operates through several segments, including Acoustics Product, Electromagnetic Drives and Precision Mechanics, Optics Products, and Micro Electro-Mechanical System (MEMS) Components segments.
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