Ostin Technology Group Co Ltd [NASDAQ: OST] stock went on a downward path that fall over -36.42% on Friday, amounting to a one-week price decrease of less than -95.45%.
Over the last 12 months, OST stock dropped by -86.95%.
The market cap for the stock reached $37.64 million, with 107.63 million shares outstanding and 69.21 million shares in the current float. Compared to the average trading volume of 6.03M shares, OST stock reached a trading volume of 128856594 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Ostin Technology Group Co Ltd [OST]:
The Price to Book ratio for the last quarter was 0.13, with the Price to Cash per share for the same quarter was set at 0.01.
OST Stock Performance Analysis:
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 -95.45. With this latest performance, OST shares dropped by -93.56% in over the last four-week period, additionally sinking by -81.46% over the last 6 months – not to mention a drop of -86.95% in the past year of trading.
Insight into Ostin Technology Group Co Ltd Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Ostin Technology Group Co Ltd [OST] shares currently have an operating margin of -29.67% and a Gross Margin at 5.19%. Ostin Technology Group Co Ltd’s Net Margin is presently recorded at -30.99%.
Return on Equity for this stock declined to -18.70%, with Return on Assets sitting at -18.70%.
Ostin Technology Group Co Ltd [OST] Institutonal Ownership Details
There are presently around $0.01%, or 0.02% of OST stock, in the hands of institutional investors. 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%.
