Ostin Technology Group Co., Ltd. (NASDAQ:OST - Get Free Report) shares fell 10.3% during trading on Thursday . The stock traded as low as $8.70 and last traded at $8.10. 12,172,599 shares changed hands during trading, an increase of 668% from the average session volume of 1,585,256 shares. The stock had previously closed at $9.02.
Analysts Set New Price Targets
Separately, Wall Street Zen upgraded Ostin Technology Group to a "hold" rating in a research note on Saturday, May 31st.
Get Our Latest Stock Analysis on Ostin Technology Group
Ostin Technology Group Trading Down 93.9%
The stock's 50 day simple moving average is $4.92 and its 200-day simple moving average is $3.07. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.24 and a current ratio of 0.51.
Ostin Technology Group Company Profile
(
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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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