Sunny Optical Tech (SNPTF) Lifted to “Buy” at Zacks Investment Research

Sunny Optical Tech (OTCMKTS:SNPTF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued on Wednesday. The firm presently has a $15.00 target price on the stock. Zacks Investment Research‘s price target indicates a potential upside of 14.94% from the company’s current price.

According to Zacks, “Sunny Optical Technology Group Co., Limited is engaged in the design, research and development, manufacture and sales of optical and optical-related products. Optical components product includes glass spherical and aspherical lenses, plane products, handset lens sets, vehicle lens sets and other various lens sets. Optoelectronic products includes handset camera modules, three-dimensional optoelectronic products, security cameras and other optoelectronic modules and optical instruments includes microscopes, optical measuring instruments and various high-end optical analytical instrument. Sunny Optical Technology Group Co., Limited is based in Yuyao, the People’s Republic of China. “

Sunny Optical Tech (OTCMKTS:SNPTF) traded down $0.35 during trading hours on Wednesday, reaching $13.05. The company’s stock had a trading volume of 2,216 shares, compared to its average volume of 6,510. Sunny Optical Tech has a 52-week low of $5.58 and a 52-week high of $19.38.

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About Sunny Optical Tech

Sunny Optical Technology (Group) Company Limited, an investment holding company, researches and develops, designs, manufactures, and sells optical and optical-related products, and scientific instruments. The company operates in three segments: Optical Components, Optoelectronic Products, and Optical Instruments.

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