Ostin Technology Group (NASDAQ:OST) Shares Down 3.5% – Here’s Why

Ostin Technology Group Co., Ltd. (NASDAQ:OSTGet Free Report)’s stock price fell 3.5% during mid-day trading on Monday . The company traded as low as $1.91 and last traded at $1.91. 9,264 shares changed hands during trading, a decline of 96% from the average session volume of 210,390 shares. The stock had previously closed at $1.98.

Ostin Technology Group Trading Up 2.9 %

The company has a current ratio of 0.51, a quick ratio of 0.24 and a debt-to-equity ratio of 0.22. The business’s 50 day moving average price is $2.45 and its 200-day moving average price is $2.62.

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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