The market performance of Ostin Technology Group Co Ltd’s stock has been harmonious in recent times.
52-week price history of OST Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Ostin Technology Group Co Ltd’s current trading price is 1.03% away from its 52-week high, while its distance from the 52-week low is 903.72%. The stock’s price range during the 52-week period has remained between $0.78 and $7.75. In the Technology sector, the company’s shares saw a trading volume of around 8.09 million for the day, which was evidently higher than the average daily volume of 4.58 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Ostin Technology Group Co Ltd (OST) has experienced a quarterly rise of 295.45% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 842.74M and boasts a workforce of 243 employees.
Making Sense of Trading Volume and Moving Average Data
Examining OST’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for OST stands at 5.37. Similarly, the long-term debt-to-equity ratio is also 0.33.
OST Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Until today this year the stock’s price performance recorded an increase of 90.52%. However, over the last six months, the performance has been weaker by 339.89%. The price of OST increased 66.24% over the last 30 days. And in the last five days, it has surged by 12.34%.
