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Ostin Technology Group (NASDAQ:OST) Reaches New 12-Month High - Here's What Happened

Ostin Technology Group logo with Computer and Technology background

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

Analysts Set New Price Targets

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

Check Out Our Latest Report on Ostin Technology Group

Ostin Technology Group Price Performance

The company has a debt-to-equity ratio of 0.22, a current ratio of 0.51 and a quick ratio of 0.24. The stock has a fifty day simple moving average of $3.90 and a two-hundred day simple moving average of $2.77.

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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