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

Ostin Technology Group logo with Computer and Technology background

Ostin Technology Group Co., Ltd. (NASDAQ:OST - Get Free Report) hit a new 52-week low on Friday . The company traded as low as $0.51 and last traded at $0.55, with a volume of 43940880 shares traded. The stock had previously closed at $9.02.

Wall Street Analysts Forecast Growth

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

Get Our Latest Stock Report on OST

Ostin Technology Group Price Performance

The firm has a 50 day moving average price of $4.84 and a 200-day moving average price of $3.06. The company has a quick ratio of 0.24, a current ratio of 0.51 and a debt-to-equity ratio of 0.22.

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

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