Sunny Optical Technology (Group) (SNPTF) Downgraded to Underperform at Jefferies Financial Group
Sunny Optical Technology (Group) (OTCMKTS:SNPTF) was downgraded by Jefferies Financial Group from a “hold” rating to an “underperform” rating in a research note issued on Thursday, The Fly reports. Jefferies Financial Group also issued estimates for Sunny Optical Technology (Group)’s FY2018 earnings at $0.34 EPS, FY2019 earnings at $0.48 EPS and FY2020 earnings at $0.61 EPS.
Separately, Zacks Investment Research upgraded shares of Sunny Optical Technology (Group) from a “sell” rating to a “hold” rating in a research note on Friday, November 9th.
Shares of OTCMKTS SNPTF opened at $11.39 on Thursday. Sunny Optical Technology has a 52 week low of $7.68 and a 52 week high of $22.34.
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 operates in three segments: Optical Components, Optoelectronic Products, and Optical Instruments.
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