Shares of Ostin Technology Group Co., Ltd. (NASDAQ:OST - Get Free Report) traded up 6.4% during trading on Friday . The company traded as high as $7.70 and last traded at $7.74. 6,060,973 shares changed hands during mid-day trading, an increase of 348% from the average session volume of 1,352,220 shares. The stock had previously closed at $7.27.
Analyst Ratings Changes
Separately, Wall Street Zen raised Ostin Technology Group to a "hold" rating in a research note on Saturday, May 31st.
Check Out Our Latest Report on Ostin Technology Group
Ostin Technology Group Stock Up 5.6%
The company has a current ratio of 0.51, a quick ratio of 0.24 and a debt-to-equity ratio of 0.22. The firm has a 50-day simple moving average of $4.53 and a 200 day simple moving average of $2.94.
About Ostin Technology Group
(
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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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