On Monday, Ostin Technology Group Co., Ltd. (NASDAQ: OST) experienced a 1.3% decrease during mid-day trading, reaching a low of $0.40 before closing at the same price. A total of 40,250 shares were traded, which was a 78% decline from the average daily volume of 182,434 shares.
Ostin Technology Group is a Chinese company that specializes in designing, developing, and manufacturing thin-film transistor liquid crystal display (TFT-LCD) modules and polarizers for use in consumer electronics, automotive displays, and commercial LCD displays across various industries.
In terms of financials, the company’s 50-day moving average price is $0.44, while 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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