Ostin Technology Group (NASDAQ:OST) Trading Down 1.8%

Ostin Technology Group Co., Ltd. (NASDAQ:OSTGet Free Report)’s stock price dropped 1.8% during mid-day trading on Friday . The stock traded as low as $0.50 and last traded at $0.52. Approximately 6,299 shares traded hands during trading, a decline of 89% from the average daily volume of 55,746 shares. The stock had previously closed at $0.53.

Ostin Technology Group Price Performance

The company has a current ratio of 0.60, a quick ratio of 0.25 and a debt-to-equity ratio of 0.12. The stock has a 50 day moving average of $0.73 and a 200-day moving average of $0.78.

Institutional Investors Weigh In On Ostin Technology Group

An institutional investor recently bought a new position in Ostin Technology Group stock. Jane Street Group LLC bought a new stake in shares of Ostin Technology Group Co., Ltd. (NASDAQ:OSTFree Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 15,262 shares of the company’s stock, valued at approximately $25,000. Jane Street Group LLC owned approximately 0.11% of Ostin Technology Group as of its most recent SEC filing. 0.28% of the stock is owned by hedge funds and other institutional investors.

Ostin Technology Group Company Profile

(Get Free Report)

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 medical treatment, education, business, outdoor, and cultural construction industries.

Further Reading

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