Ostin Technology Group’s Shares Slide in Mid-Day Trading, with Low of $0.40 and Closing at the Same Price

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

On Monday, Ostin Technology Group Co., Ltd. (NASDAQ: OST) experienced a 1.3% decrease in its shares during mid-day trading. The stock reached a low of $0.40 and closed at $0.40, with approximately 40,250 shares changing hands, significantly lower than the average daily volume of 182,434 shares.

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

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.

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