Sunny Optical Technology (Group) (OTCMKTS:SNPTF) Shares Cross Above Fifty Day Moving Average – What’s Next?

Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $9.38 and traded as high as $11.75. Sunny Optical Technology (Group) shares last traded at $11.75, with a volume of 4,700 shares trading hands.

Sunny Optical Technology (Group) Stock Performance

The firm’s 50 day moving average price is $9.48 and its 200-day moving average price is $7.78. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.76 and a quick ratio of 1.51.

Sunny Optical Technology (Group) Company Profile

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.