Aac Technologies H (AACAY) Lifted to “Buy” at Zacks Investment Research

Zacks Investment Research upgraded shares of Aac Technologies H (NASDAQ:AACAY) from a hold rating to a buy rating in a report released on Monday, July 24th. They currently have $157.00 price objective on the stock.

According to Zacks, “AAC Technologies Holdings Inc. is a micro component solutions provider for communications and consumer electronics market. The Company is engaged in designing and manufacturing a diverse range of components including acoustics, antennas, optics, haptics and Li-ion polymer batteries for mobile devices. Its products are used in a variety of applications including mobile handsets, tablets, notebooks, LED TV, game consoles, eReaders, MP3 players, MP4 players, and many other consumer electronics. AAC Technologies Holdings Inc., formerly known as AAC Acoustic Technologies Holdings Inc., is headquartered in Shenzhen, China. “

Aac Technologies H (AACAY) traded down 0.87% during mid-day trading on Monday, hitting $144.30. 1,271 shares of the stock traded hands. The company’s 50 day moving average price is $138.08 and its 200-day moving average price is $122.93. Aac Technologies H has a 1-year low of $84.37 and a 1-year high of $159.00.

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