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Ostin Technology Group (NASDAQ:OST) Reaches New 1-Year High - Here's What Happened

Ostin Technology Group logo with Computer and Technology background

Ostin Technology Group Co., Ltd. (NASDAQ:OST - Get Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as $6.47 and last traded at $5.92, with a volume of 3278339 shares trading hands. The stock had previously closed at $5.92.

Analysts Set New Price Targets

Separately, Wall Street Zen raised Ostin Technology Group to a "hold" rating in a report on Saturday, May 31st.

Get Our Latest Stock Analysis on Ostin Technology Group

Ostin Technology Group Trading Up 0.9%

The company has a current ratio of 0.51, a quick ratio of 0.24 and a debt-to-equity ratio of 0.22. The business has a fifty day moving average of $3.37 and a 200-day moving average of $2.61.

About Ostin Technology Group

(Get Free Report)

Ostin Technology Group Co, Ltd. designs, develops, and manufactures thin-film transistor liquid crystal display (TFT-LCD) modules and polarizers in China. It offers display modules to markets, such as consumer electronics, including AIOs, monitors, laptop computers, and tablets; automotive displays, including dashboard, and navigation and multimedia systems; and commercial LCD displays, which are used to display multimedia graphics, such as company advertisements, promotions, scoreboards, and traffic signs in education, medical treatment, business, outdoor, and cultural construction industries.

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