Ostin Technology Group (NASDAQ:OST) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Ostin Technology Group (NASDAQ:OST) from a strong sell rating to a hold rating in a report issued on Sunday morning.

Ostin Technology Group Price Performance

Ostin Technology Group stock opened at $1.70 on Friday. The business has a 50-day simple moving average of $2.04 and a two-hundred day simple moving average of $52.74. Ostin Technology Group has a 52-week low of $1.35 and a 52-week high of $235.00. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.33 and a current ratio of 0.52.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in OST. Quadrature Capital Ltd bought a new position in shares of Ostin Technology Group during the 2nd quarter valued at approximately $49,000. Qube Research & Technologies Ltd bought a new position in shares of Ostin Technology Group during the 2nd quarter valued at approximately $104,000. Finally, Marex Group plc bought a new position in shares of Ostin Technology Group during the 2nd quarter valued at approximately $45,000. 21.92% of the stock is currently owned by institutional investors.

About Ostin Technology Group

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.