Stock News Buzz: Ossen Innovation Co., Ltd. (NASDAQ:OSN)

On Tuesday Ossen Innovation Co., Ltd. (NASDAQ:OSN) stock recorded daily change of 4.39% to close at $2.98 with the total traded volume of 95127 shares along average volume of 78515 shares 52 week range of the stock remained $ 1.06 – 7 while its day low price was $2.8 and its hit its day high price at $3.19. Its previous closing value stands at $2.85. OSN total market capitalization is $58991273. Currently stocks EPS is $1.71 while its price to earnings ratio is 1.74.

On Nov. 26, 2019, Ossen Innovation Co., Ltd. (NASDAQ:OSN) a China-based manufacturer of an array of plain surface, rare earth and zinc coated pre-stressed steel materials, declared the completion of its 2019 annual general meeting of shareholders which was held on November 25, 2019 at the Company’s headquarters located at 518 Shangcheng Road, Floor 17, Shanghai, China.

Shareholder voting outcomes from the annual general meeting resulted in the re-election of Dr. Liang Tang, Mr. Wei Hua, Mr. Junhong Li, Ms. Yingli Pan, and Mr. Zhongcai Wu to Ossen’s Board of Directors. BDO China Shu Lun Pan Certified Public Accountants LLP was also re-appointed as the Company’s independent registered accounting firm for the fiscal year ending December 31, 2019.

About Ossen Innovation Co., Ltd.

Ossen Innovation Co., Ltd. manufactures and sells a wide variety of plain surface pre-stressed steel materials and rare earth coated and zinc coated pre-stressed steel materials. The Company’s products are mainly used in the construction of bridges, as well as in highways and other infrastructure projects. Ossen has two manufacturing facilities located in Maanshan, Anhui Province, and Jiujiang, Jiangxi Province.

John Gonzalez covers business and finance news. He is the only person we trust to provide breaking news in the finance category. Having already completed an Associates Degree in Psychology, John Gonzalez is now finishing his Bachelor’s degree in Communications. In preparation for working in the advertisement sector, John is writing financial content and analysis. On a daily basis, he works on articles regarding the following topics: business, top trends, technology, and politics.

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