Sunny Optical Technology (Group) (OTCMKTS:SNPTF) Shares Gap Up – Still a Buy?

Shares of Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF) gapped up prior to trading on Friday . The stock had previously closed at $8.2704, but opened at $8.7588. Sunny Optical Technology (Group) shares last traded at $8.7588, with a volume of 400 shares trading hands.

Sunny Optical Technology (Group) Stock Performance

The firm’s 50 day moving average price is $9.45 and its two-hundred day moving average price is $9.39.

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.