For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of Ostin Technology Group Co Ltd (NASDAQ: OST) closed at $2.19 in the last session, down -4.78% from day before closing price of $2.30. In other words, the price has decreased by -$4.78 from its previous closing price. On the day, 3.72 million shares were traded. OST stock price reached its highest trading level at $4.42 during the session, while it also had its lowest trading level at $2.03.
Ratios:
We take a closer look at OST’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.20 and its Current Ratio is at 0.54. In the meantime, Its Debt-to-Equity ratio is 2.64 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 12 ’24 when Qiaoyun Xie bought 6,500 shares for $0.30 per share.
Xiaodong Zhai bought 27,144 shares of OST for $8,140 on Oct 12 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OST now has a Market Capitalization of 4166343 and an Enterprise Value of 67274688. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.22 while its Price-to-Book (P/B) ratio in mrq is 3.58. Its current Enterprise Value per Revenue stands at 1.761 whereas that against EBITDA is -10.287.
Stock Price History:
The Beta on a monthly basis for OST is 0.82, which has changed by -0.6849315 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, OST has reached a high of $7.92, while it has fallen to a 52-week low of $1.60. The 50-Day Moving Average of the stock is -5.36%, while the 200-Day Moving Average is calculated to be -36.56%.
Shares Statistics:
According to the various share statistics, OST traded on average about 230.81K shares per day over the past 3-months and 1112903 shares per day over the past 10 days. A total of 14.81M shares are outstanding, with a floating share count of 1.02M. Insiders hold about 73.12% of the company’s shares, while institutions hold 0.14% stake in the company. Shares short for OST as of 1734048000 were 3591 with a Short Ratio of 0.16, compared to 1731628800 on 2743. Therefore, it implies a Short% of Shares Outstanding of 3591 and a Short% of Float of 0.27.
