Ostin Technology Group (NASDAQ:OST) Stock Price Up 4.3% - Still a Buy?

Ostin Technology Group Co., Ltd. (NASDAQ:OST - Get Free Report) was up 4.3% during trading on Friday . The stock traded as high as $6.90 and last traded at $6.90. Approximately 4,510,602 shares traded hands during trading, an increase of 294% from the average daily volume of 1,143,957 shares. The stock had previously closed at $6.61.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded Ostin Technology Group to a "hold" rating in a research note on Saturday, May 31st.

Ostin Technology Group Stock Up 2.3%

The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.24 and a current ratio of 0.51. The company has a 50 day moving average price of $4.02 and a 200 day moving average price of $2.80.

About Ostin Technology Group

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.