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Ostin Technology Group (NASDAQ:OST) Shares Gap Up - Should You Buy?

Ostin Technology Group logo with Computer and Technology background

Shares of Ostin Technology Group Co., Ltd. (NASDAQ:OST - Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $5.60, but opened at $5.80. Ostin Technology Group shares last traded at $5.64, with a volume of 372,040 shares trading hands.

Wall Street Analyst Weigh In

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

View Our Latest Stock Analysis on Ostin Technology Group

Ostin Technology Group Stock Up 4.6%

The business has a 50 day simple moving average of $3.37 and a two-hundred day simple moving average of $2.61. 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.

Further Reading

Should You Invest $1,000 in Ostin Technology Group Right Now?

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