Ostin Technology Group Co Ltd [NASDAQ: OST] traded at a high on Wednesday, posting a 0.41 gain after which it closed the day’ session at $2.43.
The results of the trading session contributed to over 4781070 shares changing hands. Over the past one week, the price volatility of Ostin Technology Group Co Ltd stands at 24.14% while the volatility over the past one month is 19.70%.
The market cap for OST stock reached $9.26 million, with 14.81 million shares outstanding and 1.02 million shares in the current float. Compared to the average trading volume of 149.89K shares, OST reached a trading volume of 4781070 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Ostin Technology Group Co Ltd [OST]?
The Average True Range (ATR) for Ostin Technology Group Co Ltd is set at 0.40, with the Price to Sales ratio for OST stock in the period of the last 12 months amounting to 0.24. The Price to Book ratio for the last quarter was 3.97, with the Price to Cash per share for the same quarter was set at 0.54.
How has OST stock performed recently?
Ostin Technology Group Co Ltd [OST] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -9.33. With this latest performance, OST shares gained by 23.35% in over the last four-week period, additionally sinking by -30.57% over the last 6 months – not to mention a drop of -69.62% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for OST stock in for the last two-week period is set at 56.03, with the RSI for the last a single of trading hit 59.83, and the three-weeks RSI is set at 52.53 for Ostin Technology Group Co Ltd [OST]. The present Moving Average for the last 50 days of trading for this stock 2.35, while it was recorded at 2.40 for the last single week of trading, and 3.48 for the last 200 days.
Ostin Technology Group Co Ltd [OST]: Deeper insight into the fundamentals
Ostin Technology Group Co Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.20 and a Current Ratio set at 0.54.
Insider trade positions for Ostin Technology Group Co Ltd [OST]
The top three institutional holders of OST stocks are: TWO SIGMA SECURITIES, LLC with ownership of 17357.0 shares, which is approximately 0.1239%. RENAISSANCE TECHNOLOGIES LLC, holding 13700.0 shares of the stock with an approximate value of $$5343.0 in OST stocks shares; and RENAISSANCE TECHNOLOGIES LLC, currently with $$3899.0 in OST stock with ownership which is approximately 0.0714%.
