Ostin Technology Group Co Ltd saw a rather consistency, in terms of market performance.
52-week price history of OST Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Ostin Technology Group Co Ltd’s current trading price is -4.34% away from its 52-week high, while its distance from the 52-week low is 621.06%. The stock’s price range during this period has spanned from $0.78 to $5.88. In the Technology sector, the Ostin Technology Group Co Ltd’s shares surpassed a trading volume of approximately 1.42 million for the day, which was noticeably lower compared to the average daily volume of 9.2.64 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 130.53% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 605.42M 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
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. This year’s metric has recorded a Price increase of 109.89%. However, over the past six months, we’ve seen a weaker performance of 153.61%. The price of OST fallen by 88.44% over the last 30 days. And in the last five days, it has surged by 0.99%.
