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Sunny Optical Technology (Group) (OTCMKTS:SNPTF) Stock Price Down 6.7% - Should You Sell?

Sunny Optical Technology (Group) logo with Medical background

Shares of Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF - Get Free Report) traded down 6.7% during mid-day trading on Friday . The company traded as low as $7.70 and last traded at $7.70. 400 shares traded hands during mid-day trading, a decline of 39% from the average session volume of 660 shares. The stock had previously closed at $8.25.

Sunny Optical Technology (Group) Trading Down 6.7%

The company has a quick ratio of 1.51, a current ratio of 1.76 and a debt-to-equity ratio of 0.20. The business has a fifty day moving average price of $8.02 and a two-hundred day moving average price of $8.96.

Sunny Optical Technology (Group) Dividend Announcement

The business also recently announced a dividend, which will be paid on Friday, June 27th. Investors of record on Friday, June 6th will be issued a dividend of $0.532 per share. This represents a yield of 0.83%. The ex-dividend date is Thursday, June 5th.

About Sunny Optical Technology (Group)

(Get Free Report)

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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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