SUNNY OPTICAL TECH HKD0.10 (NASDAQ:SNPTF) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Wednesday, October 18th.
According to Zacks, “Sunny Optical Technology Group Co., Limited is engaged in the design, research and development, manufacture and sales of optical and optical-related products. Optical components product includes glass spherical and aspherical lenses, plane products, handset lens sets, vehicle lens sets and other various lens sets. Optoelectronic products includes handset camera modules, three-dimensional optoelectronic products, security cameras and other optoelectronic modules and optical instruments includes microscopes, optical measuring instruments and various high-end optical analytical instrument. Sunny Optical Technology Group Co., Limited is based in Yuyao, the People’s Republic of China. “
Shares of SUNNY OPTICAL TECH HKD0.10 (SNPTF) traded down 3.58% on Wednesday, hitting $13.99. 784 shares of the stock traded hands. SUNNY OPTICAL TECH HKD0.10 has a one year low of $4.17 and a one year high of $17.20. The company’s 50 day moving average is $15.69 and its 200 day moving average is $11.43. The stock has a market cap of $15.20 billion and a price-to-earnings ratio of 50.69.
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