Sunny Optical Technology (Group) (OTCMKTS:SNPTF) Reaches New 1-Year Low – What’s Next?

Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF)’s stock price reached a new 52-week low during trading on Friday . The company traded as low as $6.61 and last traded at $6.61, with a volume of 300 shares trading hands. The stock had previously closed at $7.00.

Sunny Optical Technology (Group) Stock Down 2.8%

The company has a debt-to-equity ratio of 0.12, a current ratio of 1.63 and a quick ratio of 1.40. The stock’s 50 day moving average price is $7.65 and its two-hundred day moving average price is $8.94.

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.