Sunny Optical Technology (Group) (OTCMKTS:SNPTF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Wednesday.
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. “
Separately, ValuEngine downgraded shares of Sunny Optical Technology (Group) from a “buy” rating to a “hold” rating in a research report on Tuesday, August 14th.
OTCMKTS SNPTF opened at $9.03 on Wednesday. Sunny Optical Technology has a 1 year low of $7.98 and a 1 year high of $22.34.
About Sunny Optical Technology (Group)
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 operates in three segments: Optical Components, Optoelectronic Products, and Optical Instruments.
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