Ostin Technology Group Co Ltd (NASDAQ:OST) currently has a daily average trading volume of 740.57K but it saw 1964878 shares traded in last market. With a market cap of 5.89M USD, the company’s current market price of $2.93 came rising about 1.03 while comparing to the previous closing price of $2.90. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.03 and as low as $1.60. In the recent trading on the day, stock has struck highest price mark of $2.5 while lowest mark touched by it was $2.96.
Taking a look at 20-day trading activity of Ostin Technology Group Co Ltd (OST) gives us an average price of $2.47, while its current price level is -58.31% below from 52-week high level whereas it is 83.13% 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 $2.20 while that of 200 days or SMA-200 reads an average of $3.33. A closer look into the stock’s movement over the week reveals that its volatility is standing at 28.77% during that period while stretching the period over a month that decreases to 27.04%. 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 63.55 which implies that the stock is in neutral territory.
Over the week, OST’s stock price is moving 21.07% up while it is 46.50% when we observe its performance for the past one month. Year-to-date it is 9.33% up and over the past year, the stock is showing a downside performance of -51.16%.
The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Ostin Technology Group Co Ltd’s total number of outstanding shares is 1.77M with 43.43% of that held by the insiders while 0.30% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -145.77% and return on equity (ROE) at -105.08%. Stock’s beta reads 0.83. Stock has a price to book (P/B) ratio of 1.11 while price to sale or P/S ratio amounts to 0.18. Its return on asset (ROA) is -18.70% on average.
