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Sunny Optical Technology (Group) (OTCMKTS:SNPTF) Sets New 52-Week Low - Here's Why

Sunny Optical Technology (Group) logo with Medical background
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Key Points

  • Sunny Optical (OTCMKTS:SNPTF) hit a new 52-week low of $6.61 on Friday, down from a prior close of $7.00 with 300 shares traded.
  • The stock is trading below its 50-day ($7.70) and 200-day ($8.97) moving averages, while the company shows healthy liquidity (quick ratio 1.40, current ratio 1.63) and low leverage (debt-to-equity 0.12).
  • Sunny Optical is a China-based designer and manufacturer of precision optical components and modules used in smartphones, digital cameras, surveillance systems, automotive ADAS and AR/VR applications.
  • MarketBeat previews the top five stocks to own by May 1st.

Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF - Get Free Report) shares hit a new 52-week low on Friday . The stock traded as low as $6.61 and last traded at $6.61, with a volume of 300 shares trading hands. The stock had previously closed at $7.00.

Sunny Optical Technology (Group) Price Performance

The company has a quick ratio of 1.40, a current ratio of 1.63 and a debt-to-equity ratio of 0.12. The company's fifty day moving average price is $7.70 and its 200-day moving average price is $8.97.

Sunny Optical Technology (Group) Company Profile

(Get Free Report)

Sunny Optical Technology (Group) Co, Ltd. is a China-based designer and manufacturer of precision optical components and optoelectronic products. The company’s core business encompasses the development, production and sale of lenses, lens modules, prisms and other precision optical devices that serve a variety of end markets. Sunny Optical’s solutions are integrated into smartphones, digital cameras, surveillance systems, automotive vision equipment and emerging augmented reality/virtual reality (AR/VR) applications.

Product offerings include multi-element smartphone camera lenses and modules with autofocus, zoom and wide-angle capabilities, as well as specialized optics for automotive advanced driver-assistance systems (ADAS), machine vision, medical endoscopy and other industrial imaging uses.

Further Reading

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