Ostin Technology Group (NASDAQ:OST) Sees Strong Trading Volume – Here’s Why

Ostin Technology Group Co., Ltd. (NASDAQ:OST) shares saw strong trading volume on Tuesday . 5,876,895 shares traded hands during trading, an increase of 492% from the previous session’s volume of 992,812 shares.The stock last traded at $6.25 and had previously closed at $6.19.

Analyst Ratings Changes

Separately, Wall Street Zen raised Ostin Technology Group to a “hold” rating in a research report on Saturday, May 31st.

Ostin Technology Group Stock Performance

The business has a fifty day moving average price of $3.47 and a two-hundred day moving average price of $2.64. 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

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.