Ostin Technology Group Co Ltd [NASDAQ: OST] surged by $0.25 during the normal trading session on while it closed the day at $2.44.
Ostin Technology Group Co Ltd stock has also gained 3.83% of its value over the past 7 days. However, OST stock has declined by -33.15% in the 3 months of the year. Over the past six months meanwhile, it has lost -35.70% and lost -8.96% year-on date.
The market cap for OST stock reached $9.29 million, with 14.81 million shares outstanding and 1.02 million shares in the current float. Compared to the average trading volume of 290.92K shares, OST reached a trading volume of 9128146 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Ostin Technology Group Co Ltd [OST]:
The Average True Range (ATR) for Ostin Technology Group Co Ltd is set at 0.55, 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 3.99, with the Price to Cash per share for the same quarter was set at 0.54.
OST stock trade performance evaluation
Ostin Technology Group Co Ltd [OST] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.83. With this latest performance, OST shares gained by 39.75% in over the last four-week period, additionally sinking by -35.70% over the last 6 months – not to mention a drop of -66.58% 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 55.54, with the RSI for the last a single of trading hit 58.40, and the three-weeks RSI is set at 52.60 for Ostin Technology Group Co Ltd [OST]. The present Moving Average for the last 50 days of trading for this stock 2.28, while it was recorded at 2.36 for the last single week of trading, and 3.44 for the last 200 days.
Ostin Technology Group Co Ltd [OST]: An insightful look at the core 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.
Ostin Technology Group Co Ltd [OST]: Institutional Ownership
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%.
