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Ostin Technology Group (NASDAQ:OST) Reaches New 1-Year High - Still a Buy?

Ostin Technology Group logo with Computer and Technology background

Ostin Technology Group Co., Ltd. (NASDAQ:OST - Get Free Report)'s stock price reached a new 52-week high during trading on Monday . The company traded as high as $7.30 and last traded at $7.20, with a volume of 3452974 shares changing hands. The stock had previously closed at $6.97.

Analyst Upgrades and Downgrades

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

Read Our Latest Stock Report on OST

Ostin Technology Group Stock Down 0.3%

The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.24 and a current ratio of 0.51. The stock's fifty day moving average price is $4.27 and its two-hundred day moving average price is $2.86.

Ostin Technology Group Company Profile

(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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