Ostin Technology Group Co Ltd (NASDAQ: OST) Emerges As Guiding Light For Investors

Ostin Technology Group Co Ltd (NASDAQ:OST) currently has a daily average trading volume of 73.86K but it saw 4179806 shares traded in last market. With a market cap of 8.80M USD, the company’s current market price of $2.31 came falling about -13.81 while comparing to the previous closing price of $2.68. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.20 and as low as $1.60. In the recent trading on the day, stock has struck highest price mark of $2.3 while lowest mark touched by it was $3.17.

Taking a look at 20-day trading activity of Ostin Technology Group Co Ltd (OST) gives us an average price of $1.95, while its current price level is -71.83% below from 52-week high level whereas it is 44.37% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.43 while that of 200 days or SMA-200 reads an average of $3.53. A closer look into the stock’s movement over the week reveals that its volatility is standing at 30.55% during that period while stretching the period over a month that decreases to 17.80%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 54.17 which implies that the stock is in neutral territory.

Over the week, OST’s stock price is moving 41.72% up while it is 4.15% when we observe its performance for the past one month. Year-to-date it is -13.81% down and over the past year, the stock is showing a downside performance of -70.40%.

Currently, Ostin Technology Group Co Ltd’s total number of outstanding shares is 14.81M. Company’s return on investment (ROI) stands at -103.08% and return on equity (ROE) at -70.13%. Stock’s beta reads 0.80. Stock has a price to book (P/B) ratio of 3.77 while price to sale or P/S ratio amounts to 0.23. Its return on asset (ROA) is -19.43% on average.