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

Sunny Optical Technology (Group) logo with Medical background

Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF - Get Free Report) fell 6.7% during mid-day trading on Friday . The company traded as low as $7.70 and last traded at $7.70. 400 shares changed hands during 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) Stock Up 7.7%

The business's fifty day moving average price is $7.96 and its 200-day moving average price is $9.01. The company has a current ratio of 1.76, a quick ratio of 1.51 and a debt-to-equity ratio of 0.20.

Sunny Optical Technology (Group) Dividend Announcement

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

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.

Further Reading

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