Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
Ostin Technology Group Co Ltd (NASDAQ: OST) closed the day trading at $2.43 up 0.41% from the previous closing price of $2.42. In other words, the price has increased by $0.41 from its previous closing price. On the day, 4.78 million shares were traded. OST stock price reached its highest trading level at $2.74 during the session, while it also had its lowest trading level at $2.04.
Ratios:
For a better understanding of OST, let’s look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 4401848 and an Enterprise Value of 71308184. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 3.97. Its current Enterprise Value per Revenue stands at 1.867 whereas that against EBITDA is -10.904.
Stock Price History:
Over the past 52 weeks, OST has reached a high of $8.20, while it has fallen to a 52-week low of $1.60. The 50-Day Moving Average of the stock is 3.35%, while the 200-Day Moving Average is calculated to be -30.16%.
Shares Statistics:
Over the past 3-months, OST traded about 149.89K shares per day on average, while over the past 10 days, OST traded about 744030 shares per day. 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 0.24, compared to 1731628800 on 2743. Therefore, it implies a Short% of Shares Outstanding of 3591 and a Short% of Float of 0.27.
