FY2018 EPS Estimates for Sunny Optical Tech Lowered by Analyst (SNPTF)

Sunny Optical Tech (OTCMKTS:SNPTF) – Investment analysts at Jefferies Group cut their FY2018 EPS estimates for shares of Sunny Optical Tech in a report issued on Tuesday. Jefferies Group analyst R. Wu now anticipates that the company will post earnings of $0.56 per share for the year, down from their previous estimate of $0.58.

Separately, Zacks Investment Research raised shares of Sunny Optical Tech from a “hold” rating to a “buy” rating and set a $19.00 target price on the stock in a research report on Friday, November 10th.

Sunny Optical Tech (OTCMKTS:SNPTF) traded down $0.26 during trading on Friday, reaching $14.17. 2,355 shares of the company’s stock traded hands, compared to its average volume of 6,446. Sunny Optical Tech has a 52-week low of $5.58 and a 52-week high of $19.38.

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Sunny Optical Tech Company Profile

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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