Eoptolink Technology Inc Ltd (300502)

What is Eoptolink Technology Inc Ltd (300502) ?

Eoptolink Technology Inc., Ltd. is a company engaged in researching, developing, producing and selling optical transceiver modules and optical components within China and internationally. Optical components are used in the broadband data, telecommunications, and data center industries. The company was founded in 2008 and is headquartered in Chengdu, China.

300502, is it a good pick?

The Shenzhen Stock Exchange advanced 42.82 units (+0.32%) and ended with 13,455.73. Eoptolink Technology Inc., Ltd on October 28th showed its latest results with an income of 731M. The following results are expected on April 22nd and revenues of 844M are expected.

Technical analysis

From Dec 28th to Jan 14th the share price went down -14.46% to a price of $34.23. From Jan 14th to Feb 28th the share price went up 11.66% to a price of $38.31. The MACD shows us the lines crossing and the RSI is in the neutral zone and it is observed that it is beginning to rise, therefore the share price could rise around 5.32% to a price of $40.35.