Sunny Optical Technology (Group) (OTCMKTS:SNPTF) Stock Crosses Above 50-Day Moving Average – Time to Sell?

Shares of Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $8.10 and traded as high as $8.84. Sunny Optical Technology (Group) shares last traded at $8.84, with a volume of 190 shares trading hands.

Sunny Optical Technology (Group) Stock Up 16.3 %

The firm has a 50 day moving average price of $8.10 and a 200-day moving average price of $6.83.

About Sunny Optical Technology (Group)

Sunny Optical Technology (Group) Company Limited, an investment holding company, engages in designing, researching, developing, manufacturing, and selling optical and optical related products, and scientific instruments. The company's Optical Components segment offers glass spherical and aspherical lenses, handset lens sets, vehicle lens sets, security surveillance lens sets, and other lens sets.