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Sunny Optical Technology (Group) (OTCMKTS:SNPTF) Share Price Passes Above 50-Day Moving Average - Should You Sell?

Sunny Optical Technology (Group) logo with Medical background

Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $7.83 and traded as high as $8.30. Sunny Optical Technology (Group) shares last traded at $8.30, with a volume of 125 shares changing hands.

Sunny Optical Technology (Group) Trading Down 5.8%

The company has a fifty day simple moving average of $7.90 and a 200-day simple moving average of $9.06.

Sunny Optical Technology (Group) Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, June 27th. Shareholders 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 of this dividend is Thursday, June 5th.

Sunny Optical Technology (Group) Company Profile

(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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Should You Invest $1,000 in Sunny Optical Technology (Group) Right Now?

Before you consider Sunny Optical Technology (Group), you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sunny Optical Technology (Group) wasn't on the list.

While Sunny Optical Technology (Group) currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

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