Shares of Ostin Technology Group Co., Ltd. (NASDAQ:OST - Get Free Report) traded down 10.3% during mid-day trading on Thursday . The company traded as low as $8.70 and last traded at $8.10. 12,172,599 shares traded hands during mid-day trading, an increase of 668% from the average session volume of 1,585,256 shares. The stock had previously closed at $9.02.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded shares of Ostin Technology Group to a "hold" rating in a research note on Saturday, May 31st.
Read Our Latest Stock Analysis on OST
Ostin Technology Group Stock Down 36.4%
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 50-day moving average price of $4.87 and a 200-day moving average price of $3.07.
About Ostin Technology Group
(
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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