Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Ostin Technology Group Co Ltd (NASDAQ: OST) was $5.57 for the day, up 2.58% from the previous closing price of $5.43. In other words, the price has increased by $2.58 from its previous closing price. On the day, 2.48 million shares were traded.
Ratios:
Our analysis of OST’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.18 and its Current Ratio is at 0.51. In the meantime, Its Debt-to-Equity ratio is 5.37 whereas as Long-Term Debt/Eq ratio is at 0.33.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 17 ’25 when SHYD INVESTMENT MANAGEMENT LIM bought 14,000 shares for $1.79 per share.
Qiaoyun Xie bought 6,500 shares of OST for $1,950 on Oct 12 ’24. On Oct 12 ’24, another insider, Xiaodong Zhai, who serves as the CTO of the company, bought 27,144 shares for $0.30 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 18.47 while its Price-to-Book (P/B) ratio in mrq is 2.12.
Stock Price History:
Over the past 52 weeks, OST has reached a high of $5.45, while it has fallen to a 52-week low of $0.78. The 50-Day Moving Average of the stock is 94.89%, while the 200-Day Moving Average is calculated to be 99.10%.
Shares Statistics:
A total of 107.63M shares are outstanding, with a floating share count of 73.77M. Insiders hold about 31.46% of the company’s shares, while institutions hold 0.01% stake in the company.
