Ossen Innovation Co Ltd (NASDAQ:OSN)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $2.91 and traded as high as $3.25. Ossen Innovation shares last traded at $3.20, with a volume of 6,127 shares changing hands.
Separately, ValuEngine cut shares of Ossen Innovation from a “hold” rating to a “sell” rating in a research report on Wednesday, October 2nd.
The business’s fifty day moving average is $3.41 and its two-hundred day moving average is $2.92.
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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