Shares of Ostin Technology Group Co., Ltd. (NASDAQ:OST - Get Free Report) rose 6.4% during mid-day trading on Friday . The stock traded as high as $7.70 and last traded at $7.74. Approximately 6,060,973 shares were traded during mid-day trading, an increase of 348% from the average daily volume of 1,352,220 shares. The stock had previously closed at $7.27.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen upgraded Ostin Technology Group to a "hold" rating in a research note on Saturday, May 31st.
Get Our Latest Analysis on Ostin Technology Group
Ostin Technology Group Price Performance
The company has a debt-to-equity ratio of 0.22, a current ratio of 0.51 and a quick ratio of 0.24. The stock has a fifty day simple moving average of $4.53 and a 200-day simple moving average of $2.95.
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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