Categories: Technology

Ostin Technology Group (NASDAQ:OST) Experiences 1.3% Decline in Shares

Ostin Technology Group Co., Ltd. (NASDAQ: OST) saw a 1.3% decrease in its shares during mid-day trading on Monday. The stock traded as low as $0.40 and last traded at $0.40, with approximately 40,250 shares changing hands, a significant decline from the average daily volume of 182,434 shares. The stock had closed at $0.41 previously.

The company’s 50-day moving average price is $0.44 and its 200-day moving average price is $0.60. Ostin Technology Group has a debt-to-equity ratio of 0.12, a current ratio of 0.60, and a quick ratio of 0.25.

Ostin Technology Group Co, Ltd. designs, develops, and manufactures thin-film transistor liquid crystal display (TFT-LCD) modules and polarizers in China. Their display modules are used in consumer electronics, automotive displays, and commercial LCD displays for various industries.

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