Investors Are Waking Up To Ostin Technology Group Co Ltd (NASDAQ: OST) After Losing -59.91% Over The Past 12 Months

Ostin Technology Group Co Ltd (NASDAQ:OST) currently has a daily average trading volume of 2.13M but it saw 3254829 shares traded in last market. With a market cap of 3.74M USD, the company’s current market price of $1.86 came falling about -41.69 while comparing to the previous closing price of $3.19. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.78 and as low as $0.78. In the recent trading on the day, stock has struck highest price mark of $1.63 while lowest mark touched by it was $2.3399.

Taking a look at 20-day trading activity of Ostin Technology Group Co Ltd (OST) gives us an average price of $1.59, while its current price level is -67.82% below from 52-week high level whereas it is 138.43% 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 $2.11 while that of 200 days or SMA-200 reads an average of $2.76. A closer look into the stock’s movement over the week reveals that its volatility is standing at 110.60% during that period while stretching the period over a month that decreases to 34.84%. 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 51.39 which implies that the stock is in neutral territory.

Over the week, OST’s stock price is moving 61.74% up while it is 3.91% when we observe its performance for the past one month. Year-to-date it is -30.60% down and over the past year, the stock is showing a downside performance of -59.91%.

The company is expected to be releasing its next quarterly report in May, 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 0.21% of that held by the insiders while 0.02% 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 0.33. Stock has a price to book (P/B) ratio of 0.71 while price to sale or P/S ratio amounts to 0.12. Its return on asset (ROA) is -18.70% on average.