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

Ostin Technology Group logo with Computer and Technology background

Ostin Technology Group Co., Ltd. (NASDAQ:OST - Get Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 907,961 shares changed hands during trading, an increase of 10% from the previous session's volume of 827,131 shares.The stock last traded at $5.15 and had previously closed at $4.96.

Analysts Set New Price Targets

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

Check Out Our Latest Stock Analysis on OST

Ostin Technology Group Price Performance

The stock has a 50-day moving average price of $2.96 and a 200-day moving average price of $2.49. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.24 and a current ratio of 0.51.

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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