Sunny Optical Technology (Group) (OTCMKTS:SNPTF) Stock Crosses Above 50-Day Moving Average of $10.39

Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTFGet Rating)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $10.39 and traded as high as $11.41. Sunny Optical Technology (Group) shares last traded at $11.41, with a volume of 5,005 shares trading hands.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on SNPTF shares. The Goldman Sachs Group upgraded Sunny Optical Technology (Group) from a “sell” rating to a “neutral” rating in a research note on Friday, October 14th. Jefferies Financial Group downgraded Sunny Optical Technology (Group) from a “buy” rating to an “underperform” rating in a research note on Friday, November 11th.

Sunny Optical Technology (Group) Stock Down 0.8 %

The business has a 50 day moving average price of $10.39 and a 200 day moving average price of $13.03.

About Sunny Optical Technology (Group)

(Get Rating)

Sunny Optical Technology (Group) Company Limited, an investment holding company, engages in designing, researching, developing, manufacturing, and selling optical and optical related products, and scientific instruments. The company's Optical Components segment offers glass spherical and aspherical lenses, handset lens sets, vehicle lens sets, security surveillance lens sets, and other lens sets.

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