Sunny Optical Technology (Group) (OTCMKTS:SNPTF) Shares Cross Above Fifty Day Moving Average – Should You Sell?

Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $8.64 and traded as high as $8.7590. Sunny Optical Technology (Group) shares last traded at $8.7590, with a volume of 0 shares traded.

Sunny Optical Technology (Group) Stock Performance

The firm’s 50 day moving average is $8.61 and its 200-day moving average is $9.48.

Sunny Optical Technology (Group) Company Profile

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.