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Ostin Technology Group (NASDAQ:OST) Sees Large Volume Increase - Here's What Happened

Ostin Technology Group logo with Computer and Technology background

Ostin Technology Group Co., Ltd. (NASDAQ:OST - Get Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 1,175,902 shares were traded during mid-day trading, a decline of 4% from the previous session's volume of 1,230,107 shares.The stock last traded at $7.26 and had previously closed at $7.13.

Wall Street Analysts Forecast Growth

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

Get Our Latest Stock Report on Ostin Technology Group

Ostin Technology Group Stock Down 1.3%

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 is $4.02 and its 200-day moving average is $2.80.

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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