Ostin Technology Group Co Ltd [NASDAQ: OST] loss -7.42% on the last trading session, reaching $0.12 price per share at the time.
Ostin Technology Group Co Ltd represents 133.13 million in outstanding shares, while the company has a total market value of $16.44 million with the latest information. OST stock price has been found in the range of $0.12 to $0.1333.
If compared to the average trading volume of 18.33M shares, OST reached a trading volume of 14348254 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Ostin Technology Group Co Ltd [OST]:
The Price to Book ratio for the last quarter was 0.14, with the Price to Cash per share for the same quarter was set at 0.02.
Trading performance analysis for OST stock
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 -15.76. With this latest performance, OST shares dropped by -98.21% in over the last four-week period, additionally sinking by -94.92% over the last 6 months – not to mention a drop of -95.39% 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 24.76, with the RSI for the last a single of trading hit 0.4309, and the three-weeks RSI is set at 0.5304 for Ostin Technology Group Co Ltd [OST]. The present Moving Average for the last 50 days of trading for this stock 4.2367, while it was recorded at 0.1364 for the last single week of trading, and 2.9367 for the last 200 days.
Ostin Technology Group Co Ltd [OST]: A deeper dive into fundamental analysis
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 -27.74% and a Gross Margin at 14.87%. Ostin Technology Group Co Ltd’s Net Margin is presently recorded at -27.65%.
Return on Equity for this stock declined to -20.38%, with Return on Assets sitting at -20.38%.
An analysis of Institutional ownership at Ostin Technology Group Co Ltd [OST]
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%.
