Ostin Technology Group Co Ltd [NASDAQ: OST] price plunged by -5.67 percent to reach at -$0.01.
A sum of 12820340 shares traded at recent session while its average daily volume was at 16.91M shares. Ostin Technology Group Co Ltd shares reached a high of $0.1209 and dropped to a low of $0.1134 until finishing in the latest session at $0.11.
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 0.02.
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 -6.96. With this latest performance, OST shares dropped by -98.42% in over the last four-week period, additionally sinking by -95.25% over the last 6 months – not to mention a drop of -95.71% 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 24.83, with the RSI for the last a single of trading hit 0.2432, and the three-weeks RSI is set at 0.4125 for Ostin Technology Group Co Ltd [OST]. The present Moving Average for the last 50 days of trading for this stock 3.9246, while it was recorded at 0.1250 for the last single week of trading, and 2.8564 for the last 200 days.
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 -27.74% and a Gross Margin at 14.87%. Ostin Technology Group Co Ltd’s Net Margin is presently recorded at -27.65%.
Ostin Technology Group Co Ltd (OST) Capital Structure & Debt Analysis
According to recent financial data for Ostin Technology Group Co Ltd. ( OST), the Return on Equity (ROE) stands at -163.53%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -20.38%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Ostin Technology Group Co Ltd’s Return on Invested Capital (ROIC) is -244.65%, showcasing its effectiveness in deploying capital for earnings.
Ostin Technology Group Co Ltd (OST) Efficiency & Liquidity Metrics
Based on Ostin Technology Group Co Ltd’s (OST) latest financial statements, the Debt-to-Equity Ratio is 9.46%, indicating its reliance on debt financing relative to shareholder equity.
Ostin Technology Group Co Ltd (OST) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Ostin Technology Group Co Ltd. (OST) effectively leverages its workforce, generating an average of -$43621.4 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.52% and a Quick Ratio of 0.17%, indicating strong ability to cover short-term liabilities.
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%.