Ostin Technology Group Co., Ltd. (NASDAQ:OST - Get Free Report) fell 5.2% during trading on Thursday . The company traded as low as $5.47 and last traded at $5.51. 2,089,963 shares changed hands during trading, an increase of 135% from the average session volume of 890,221 shares. The stock had previously closed at $5.81.
Analysts Set New Price Targets
Separately, Wall Street Zen upgraded Ostin Technology Group to a "hold" rating in a report on Saturday, May 31st.
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Ostin Technology Group Stock Up 5.7%
The company's fifty day moving average price is $3.37 and its two-hundred day moving average price is $2.60. The company has a quick ratio of 0.24, a current ratio of 0.51 and a debt-to-equity ratio of 0.22.
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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