Boston, MA 05/24/2013 (wallstreetpr) – The share prices of OCZ Technology Group Inc. (NASDAQ:OCZ) had surged by 9.92 percent to close at $1.44 per share for the end of last trading session. The shares traded in the range of $1.25 to $1.49 per share during the day. The 52 week low price level for OCZ Technology Group Inc. (NASDAQ:OCZ) is at $1.11 per share and the 52 week high price level for the company is at $7.67 per share.
Launch of new Vertex series SSD
OCZ Technology Group Inc. (NASDAQ:OCZ) is involved in the design, manufacture and distribution of solid state drives and computer components. The company had just announced the release of Vertex 450 STATA III SSD Series which is loaded with the company’s proprietary Indilinx Barefoot 3 M10 Series Controller. The Vertex series of solid state drives released by OCZ Technology Group Inc. (NASDAQ:OCZ) had become the best SSDs in the industry.
OCZ Technology Group Inc. (NASDAQ:OCZ) provides its series of solid state drives in various form factors and interfaces to find suitable application among all segments of the market. The company basically focuses on two major market segments – one is the market for hard disk drive replacement format and the other is the market for storage area network acceleration / replacement.
The solid state drives manufacturer presently holds 67.65 million shares outstanding in the market and the average trading volume for OCZ Technology Group Inc. (NASDAQ:OCZ) is 1.42 million shares per day. The company has an institutional ownership of 26 percent of its holdings.
