|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|PE Ratio (TTM)||38.44|
|Forward Dividend & Yield||0.19 (0.85%)|
|1y Target Est||N/A|
Nov 10 (Reuters) - AAC Technologies Holdings Inc : * Nine months revenue up 43% to RMB13,968 million * 9-mnth net profit RMB 3.49 billion versus rmb2.46 billion Source text for Eikon: Further company ...
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AAC Technologies (AACAY) is seeing solid earnings estimate revision and has a favorable Zacks rank, making it well positioned for future earnings growth.
Momentum Stock Investors Will Love AAC Technologies (AACAY) seeing its favorable price performance both in short and long term.
Trading in shares of AAC Technologies will resume on Wednesday, nearly three weeks after the Apple Inc supplier sought a suspension when its stock fell following a short-seller report that accused it of dubious accounting. Shenzhen-based AAC Technologies, a maker of miniaturised acoustic components including speaker boxes, speakers, receivers and microphones, reiterated in the statement to the Hong Kong stock exchange on Tuesday that the allegations in the Gotham City Research report were groundless. In May, shares of AAC Technologies dropped as much as 11 percent before being suspended, after Gotham City published its second report in about a week critical of the company.
Hong Kong shares in AAC Technologies dropped as much as 11 percent before being suspended on Thursday, after short-seller Gotham City Research published its second report in about a week accusing the Apple Inc supplier of "dubious accounting". Gotham City Research, which has a short position in the stock, on Thursday gave examples of what it said were more than 20 related party suppliers owned or managed by AAC CEO's family members or employees that the company did not disclose in order to overstate its profits. Asked for comment on the Gotham City report, an AAC representative said the company was preparing a statement.
Shares of AAC Technologies Holdings Inc. sank the most in seven years after short seller Gotham City Research questioned the Apple Inc. supplier’s accounting.