Sunny Optical Technology (Group) (OTCMKTS:SNPTF) Shares Gap Down – Here’s What Happened

Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $8.7588, but opened at $7.75. Sunny Optical Technology (Group) shares last traded at $7.75, with a volume of 250 shares changing hands.

Sunny Optical Technology (Group) Trading Down 11.5%

The firm’s fifty day simple moving average is $8.59 and its 200 day simple moving average is $9.50.

About Sunny Optical Technology (Group)

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.