Ostin Technology Group (NASDAQ:OST) Sees Large Volume Increase – Here’s What Happened

Ostin Technology Group Co., Ltd. (NASDAQ:OST) saw an uptick in trading volume on Tuesday . 5,876,895 shares were traded 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.

Wall Street Analyst Weigh In

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

Ostin Technology Group Price Performance

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 business has a 50-day moving average price of $3.68 and a two-hundred day moving average price of $2.70.

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.