The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -7.09%.However, over the last six months, we can see a stronger performance of -34.38%. Over the last 30 days, the price of OST has fallen by 42.62%. And in the last five days, it has surged by 5.96%.
Ostin Technology Group Co Ltd experienced a rather shaky stock market performance. The highest value in the past year was recorded at $7.80 on 01/16/24 and the lowest value was $1.60 on 12/12/24.
52-week price history of OST Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Ostin Technology Group Co Ltd’s current trading price is -68.08% away from its 52-week high, while its distance from the 52-week low is 55.63%. The stock’s price range during this period has varied between$1.60 and $7.80. The Ostin Technology Group Co Ltd’s shares, which operate in the Technology, saw a trading volume of around 8.5 million for the day, a figure considerably higher than their average daily volume of 0.29 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Ostin Technology Group Co Ltd (OST) has experienced a quarterly decline of -31.78% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.48M.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.87, with a change in price of -1.06. Similarly, Ostin Technology Group Co Ltd recorded 269,378 in trading volume during the last 100 days, posting a change of -30.33%.
OST’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for OST stands at 2.64. Similarly, the long-term debt-to-equity ratio is also 0.00.
OST Stock Stochastic Average
Ostin Technology Group Co Ltd’s raw stochastic average for the past 50 days is presently 23.79%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 29.36%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 31.39% and 39.89%, respectively.
