Ossen Innovation Co Ltd (NASDAQ:OSN)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $3.68, but opened at $4.68. Ossen Innovation shares last traded at $4.60, with a volume of 40,530 shares.
Separately, ValuEngine upgraded Ossen Innovation from a “sell” rating to a “hold” rating in a research report on Saturday, July 18th.
The business has a 50 day simple moving average of $3.49 and a 200-day simple moving average of $2.61. The company has a quick ratio of 3.31, a current ratio of 3.90 and a debt-to-equity ratio of 0.04.
About Ossen Innovation (NASDAQ:OSN)
Ossen Innovation Co, Ltd. engages in the design, manufacture, and sale of pre-stressed steel materials. Its products include plain surface steel wires and strands, and earth coated and zinc-coated pre-stressed steel materials. The company was founded in 2004 and is headquartered in Shanghai, China.
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