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Ostin Technology Group (NASDAQ:OST) Shares Down 3.7% - Here's What Happened

Ostin Technology Group logo with Computer and Technology background

Ostin Technology Group Co., Ltd. (NASDAQ:OST - Get Free Report)'s stock price traded down 3.7% during mid-day trading on Wednesday . The stock traded as low as $7.16 and last traded at $7.02. 6,260,177 shares traded hands during trading, an increase of 381% from the average session volume of 1,301,974 shares. The stock had previously closed at $7.29.

Wall Street Analyst Weigh In

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

Read Our Latest Research Report on Ostin Technology Group

Ostin Technology Group Stock Performance

The business's fifty day simple moving average is $4.53 and its two-hundred day simple moving average is $2.94. The company has a current ratio of 0.51, a quick ratio of 0.24 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.

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